Enterprise Customers
Forward
(Updated at 15:23, 13/7/2010)
Enterprise customers or economic entities that are allowed to deal in foreign exchange can buy / sell foreign currencies directly at Agribank when committed to comply with current regulations of Vietnam on foreign exchange management.

Product explanation:

 

-          A Forward Foreign Exchange transaction represents a binding obligation to buy or sell a certain amount of foreign currency at a pre-agreed rate of exchange, for settlement on a certain future date.

 

Benefits

 

-          Specific rate from the time of transaction, can be used to hedge exchange rate risk

-          Profit from the deal is foreseeable

 

 

How to apply

 

-          Customers use USD to buy the bank's foreign currency through Foreign Exchange Spot trading must present documents to provide sufficient information about the purpose, amount and type of currencies involved, time of payment according to the current regulations on foreign exchange management and a commitment to use the foreign currency purchased in accordance with purposes prescribed in the regulations on foreign exchange control of Vietnam.

-          Customers complete the Forward Foreign Exchange contract

 

Fees

 

-          Fees apply according to current Schedule of Fees and Charges of Agribank

 

Delivery channels

 

-          Agribank branches/transaction offices.

 

Technology applied

 

-          Agribank uses automated accounting system.

Online Banking

ATM/POS locations

Forms, Fees and Interest rates
View savings interest rates
View service charges

Registration form

Applied at Operations Centre of Agribank

Exchange Rate
Updated at
Applied at Agribank Operations Centre

Agribank Contact Center
1900558818