Introduction

Product
Benifits

•  Fixing the foreign exchange rate for exchange rate hedging and price fluctuations for making and receiving payments in foreign currencies in the future.

•  Performing large-scale transactions corresponding to the demand on limited business capital.

Product
Features

A foreign currency transaction at a specific exchange rate, effective payment on a specific day in the future (from 3 banking days or more and not exceeding 365 days) upon signing the contract.

•  Individuals have full civil capacity.

•  Enterprises operate legally in theterritoryofVietnam.

Procedure &
Form

Customers only need to present documents with full information regarding the purpose, amount and type of currency for payment, payment time in accordance with the prevailing regulations on foreign exchange management for using VND for purchasing foreign currencies through forward transactions.