FX Forward Transactions
- Exchange rate incentives of up to 80 points
- Future foreign exchange trading with rates fixed at the transaction date
- Tenors ranging 3-365 days
What makes it special?
Hedging against FX & interest rate risks
Optimize cost of capital
Tenors ranging 3-365 days
Product information
A transaction in which MSB exchanges two currencies by simultaneously buying and selling the same currency at two different value dates at pre-agreed exchange rates. An FX Swap consists of a spot transaction and a forward transaction executed concurrently, with different settlement dates and exchange rates determined at the trade date.
Frequently Asked Questions
Learn MoreWho should consider using FX Swap transactions?
12/02/2026
- Corporate customers with short-term foreign currency liquidity management needs.
- Enterprises temporarily having surplus or shortfall of foreign currency.
- Customers who have existing spot or forward transactions and wish to adjust the settlement date.
What is the tenor of an FX Swap transaction?
12/02/2026
- Flexible, depending on customer needs.
- Typically ranging from a few days to under 12 months.
- Suitable for short- and medium-term liquidity management.
You May Be Interested In
Interbank Cash Exchange Transactions
- Cash FX classification by quality standards
- Fast delivery & receipt for transaction demands
- Competitive pricing, full-service coverage
Interest Rate Swap (IRS)
- Hedging against market interest rate volatility
- Optimizing cost of capital
- Effective cash flow management
Connect With Us
We're always here to support you!
Customer Service Center
