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    Frequently asked questions

    • 1. What are the available currencies and the current exchange rates ?
      • Vietcombank currently purchases/sells 13 different currencies, including: AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, SEK, SGD, THB, and KRW.
      • Please visit our Exchange Rate page for the most up-to-date exchange rate information.
    • 2. Does Vietcombank stipulate a minimum amount to start buying/selling foreign currency ?
      Vietcombank does not stipulate a minimum amount to initiate foreign currency transactions.
    • 3. Do corporations need to prove the purpose of buying foreign currency to conduct a transaction ?
      To execute a foreign currency purchase transaction, our customers must comply with the regulations of the Law and the State Bank. Therefore, customers need to substantiate the purpose of buying foreign currency when transacting with Vietcombank.
    • 4. What are the conditions for a business to use the commodity price derivative product ?
      • Be an economic organisation established and operating accordance with Vietnamese legislation , except for credit institutions.
      • Engage in production, business, import and export of goods that can be subject to commodity price derivative transactions.
      • Meet the internal regulations of Vietcombank.
    • 5. What are the current regulations of the State Bank governing the supply of commodity price derivative products ?
      Circular 40/2016/TT-NHNN dated December 30, 2016, effective from March 1, 2017.
    • 6. What types of Commodity derivatives trading can Vietcombank offer ?

      - On the centralized market (via the Exchange), Vietcombank offers these derivative transactions:

      •  Commodity future contract
      •  Options on future contract

      - On the over the counter market (OTC), Vietcombank offers these derivative transactions:

      •  Commodity swap contract
      • OTC options contract
      • Collar agreement
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