Solution Information

Solution information

General Information

  • Two parties commit to buy and sell an amount of this currency with another currency at the exchange rate determined at transaction time.
  • The minimum payment date is 03 (three) business days from the transaction date.
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Conditions for business

  • Upon buying foreign currency forward, clients must provide documents evidencing the purpose, quantity, and type of foreign currencies, settlement date for payment/wire transfer in accordance with applicable regulations on foreign currency management.
  • The maximum tenor of FX forward transaction between VND versus a foreign currency shall be 365 days from the trade date
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Benefits

  • Pre-arrange an amount of foreign currency to meet future payment need.
  • Mitigate risks of currency volatility, promoting the sustainable development of the clients
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Contact

Financial Institutions Group

9th Floor, Vietcombank Tower, No. 198 Tran Quang Khai Str., Hoan Kiem Dist. Ha Noi

+84-24-39343137 (Extension number: 0920)

+84-24-38265548

financial.institutions.group@vietcombank.com.vn

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