Product description
- Purchase of a currency for an equivalent in another currency with the settlement date over T+3 business days.
- The foreign exchange rate for a forward transaction is linked to the current spot rate, increased/decreased by forward points depending on the mutual relationship between the interest rates of the traded currencies.
Terms of service
- Accounts in the relevant currencies.
- Minimum notional amount - CZK 300,000 or an equivalent in a foreign currency.
- Maturity - typically up to 5 years.
- Traded currencies are limited by the scope of the foreign exchange list of LBBW Bank CZ a.s.
- Master Agreement on Treasury Trades.
- Credit line designed for Treasury transactions.
