Introduction

Product
Benifits

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

•  Paying a limited fee, but implementing large-scale transactions.

•  Knowing maximum cost of insurance, investment; easily accounting capital costs.

•  Having the right to refuse the transaction in case exchange rate fluctuation is opposite to the transaction as agreed with the bank.

Product
Features

•  A foreign currency transaction that Customers have right (not obligation) to purchase or sell a specific amount of foreign currency with an exchange rate fixed by customers at transaction time for a specific term upon paying Option fee at the transaction time.

•  If the exchange rate increases, Customers may purchase Call Option to purchase or not purchase such foreign currency at a fixed exchange rate. In case of contrary, Customers may purchase Put Option.

•  Enterprises operate legally in the territory of Vietnam.

Procedure &
Form

•  Duration: minimum of 3 days, maximum of 365 days.

•  Minimum transaction scale: USD 50,000 or equivalent.

•  Offering Option for foreign currency transaction with respect to foreign currencies ((EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD,…), excluding VND.