Eligible valuable papers must meet all of the following conditions: Legally issued in accordance with the laws of Vietnam and transferable; Issued in Vietnamese Dong (VND) or a freely convertible foreign currency; Lawfully owned by the selling party; Having a remaining maturity longer than the agreed repurchase term.
Flexible, depending on customer needs. Typically ranging from a few days to under 12 months. Suitable for short- and medium-term liquidity management.
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.
Hedging interest rate risk. Converting loan interest structure: From floating rate → fixed rate Or from fixed rate → floating rate Proactively managing cash flow planning and cost of funds.
Corporate customers with medium- and long-term loans. Enterprises exposed to interest rate fluctuations. Customers seeking to stabilize financial expenses.
A foreign currency receivable or payable amount has been clearly identified. The foreign exchange market is experiencing significant volatility. The enterprise seeks to stabilize costs or revenue.
No transaction fee is charged
The prevailing spot exchange rate at the transaction date. The interest rate differential between the two currencies. The tenor of the forward contract.
USD, EUR, JPY, GBP, AUD, SGD, CNY, CHF, TWD, HKD, NZD, and nearly 100 other currencies.
Corporate customers with foreign currency payment or receipt needs. Individual customers with legitimate foreign currency purchase/sale needs in accordance with applicable regulations.