Tools & Utilities

Cross Currency Swap (CCS)

Name: Ngân hàng thương mại cổ phần Phương Đông
Address: Tòa nhà 41 (tầng trệt, lửng, lầu 1, lầu 2) và tòa nhà 45 Lê Duẩn - Phường Bến Nghé - Quận 1 - TP Hồ Chí Minh, Hồ Chí Minh, HCM, 700000, VN
Telephone: +84 1800 6678
Price range: $$$

A cross currency swap involves the exchange of payments denominated in one currency for payments denominated in another. Payments are based on a notional principal amount the value of which is fixed in exchange rate terms at the swap's inception

Targeted clients

Corporates

Features of product

CCS contract

CCS contract is Independent with underlying asset.

CCS tenors

CCS tenors are flexible from 1 year to 5 years

Principal

Principal is exchanged at the beginning, periodically or at the end of contract

Payments fee

No up-front payments and premium are made.

Advantages

CCS solution offers Corporates opportunities to reduce borrowing costs in both domestic and foreign markets so they are an effective solution to long-term currency hedging needs.

Document required

*For further information, do not hesitate to contact via email fxsales@ocb.com.vn or our Customer Service Center via hotline (24/7) 1800 6678 or OCB nearest branches

Registration procedure

Please kindly fill in the form with your information, we will contact you in soonest time.

Categories

Derivative Products

Accrual Interest Rate Swap (AIRS)