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Transact in foreign currency with ease
Enjoy attractive foreign exchange rates across a wide range of currencies, with the added benefit of hedging your FX exposures effectively.
Secure foreign exchange rates in advance from a suite of over 20 currencies, including Malaysian Ringgit and other major currencies.
Corporates with smaller FX exposures can benefit from hedging solutions with more accessible contract sizes.
| Key Concept | Details |
| Shariah Basis | Based on the Bai al-Sarf contract, which refers to the exchange of money for money. |
| Transaction Requirement | For transaction involving two different currencies (dissimilar ribawi items), settlement must occur on a spot basis (within T+2 working days). |
| Key Concept |
| Shariah Basis |
| Transaction Requirement |
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
Securing exchange rate for the future
A competitive edge to your treasury needs
Get an account that can cross borders as easily as you
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