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you are in WHOLESALE BANKING
Securing exchange rate for the future
Enjoy competitive rates for a wide range of foreign currencies and the ability to hedge your foreign exchange exposures
Secure/book Foreign Exchange (FX) rates in advance from a suite of more than 20 currencies (Malaysian Ringgit and other Currencies)
Corporates with less exposures can enjoy hedging benefits with a smaller contract size
| Key Element | Description |
| Shariah contract | Wa’d – a unilateral promise initiated on the deal date |
| Customer Obligation | Customer who wish to enter into the contract will execute a promise (undertaking) to buy a foreign currency at a future date (value date). |
| Transaction Execution | On the promised date (i.e. the value date), the purchase will take place where the Sarf contract is applied. |
| Key Element |
| Shariah contract |
| Customer Obligation |
| Transaction Execution |
To apply, all corporations have to set up an FX Line with us. The FX line states the maximum amount and tenure that you may contract at any one time.
If your business currently has credit facilities (e.g. Letter of Credit, Trust Receipts or Overdraft line) with us, you can arrange with us to restructure the credit line to accommodate the additional FX facility.
Check out our daily foreign exchange rates
Transact in foreign currency with ease
A competitive edge to your treasury needs
Get an account that can cross borders as easily as you
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