Forward transaction is a transaction between Shinhan Bank and a customer, in which the two parties commit to buy or sell an amount of foreign currency at a predetermined exchange rate and the settlement will be made at a specified date in the future.
- Foreign currency/VND
- Foreign currency/Foreign currency
- Foreign currency/VND: 03 working days to 365 days, from the transaction date.
- Foreign currency/Foreign currency: As agreed by Shinhan Bank and customers and maximum term shall not exceed three years from the transaction date
Meet future demand for foreign currencies or VND
Hedge against exchange rate risk
Well control of cash flow and budget
Flexible tenor based on payment schedule