Cross-currency swap transaction | VPBank

Test banner 1

Cross-currency swap transaction

(5,000 Đánh giá)

Chi tiết

  • A transaction which Customer can swap the payment (receiving payment) of principal and interest for a Loan Contract (Deposit Contract) in an initial currency (A) into payment (receiving payment) of principal, interest in another currency (B)
    • Hedging against exchange rate and interest rate risks, thereby fixing the cost of foreign loans with CCS USD-VND or taking advantages of lower borrowing cost for mid/long term VND loans with CCS VND-USD
    • Flexible to utilize CCS for a certain period of time / part of the loan depending on the customer's needs and repayment schedule
    • IRS agreement is made on the basis of the Customer’s valid original Loan Agreement and secured by pre-settlement risk margin