Currency swap
A currency transaction which involves the purchase (sale) of foreign currency and its subsequent sale (purchase) at a certain date in the future with the fixation of the conditions of these transactions.
Benefits of currency swaps:
- Fast way to raise funds
- Quick agreement conclusion (up to two days)
- Easy application procedure
- Loyalty discount conditions
- Minimum documentation
- Possibility of extension of the agreement without visiting the bank
- Minimal requirements for the client during the transaction
The main conditions of the currency swap:
- For residents – sale of foreign currency with its repurchase
- For non-residents – purchase of foreign currency with its resale
Client type:
- Legal entity
- Sole proprietor
Term of transaction:
- From 3 to 60 calendar days
Minimum transaction amount:
- From UAH 200,000
The cost of the transaction is calculated and agreed with the client based on the market value of the resource at the time of the transaction.