By entering a Fixed Deposit and FX Option Operation, client can offset the impact of market fluctuations to the deposit currency through option fees supplement.

Features

• Client can set own’s target exchange rate, deposit tenor and the currency to receive if option is being exercised.
• Under the circumstances of FX option expired, the option premium will makes room for the adverse impact of market price.
• When FX option transaction is exercised at maturity, means client’s target exchange rate is reached.

Remarks:
If the FX option contract is exercised, client’s initial deposited currency will be converted to the linked currency, bearing exchange rate risk of changing back to the initial currency.

Fixed Deposit and FX Forward Operation is the combination of FX forward to lock the exchange rate at maturity of a fixed deposit, to receive back the initial currency.

Features

• FX forward rate locked at the initial day of the operation.
• The interest rate difference between the initial currency and the swapped currency can be used as a subsidy for entering FX forward transaction.
• The deposit tenor is usually inline with the general fixed deposit or can be tailored to match client’s need.

Remarks:
Early settlement may involve additional fees, and agreement signing (FX agreement).

As an investment product, bonds can provide client with a longterm and relatively stable earnings.

Features

• Purchasing bonds issued by companies in different industries, return levels and tenors, investors can build the appropriate portfolio more effectively.
• Bonds have a low correlation with other asset classes, which can help diversifying risks and provide a stable interest rate earnings.

Remarks:
Requirement of Code Corporate PI qualification assessed by the Bank.

With the choice of 14 currencies for trading, we are striving to match client’s currency exchange need and increase flexibility.

Features

• Cross Exchange Rate: Obtain direct and real-time quotation of multiple currency exchange rates.
• Covers major trading markets (Asia to New York time zones).
• Real-time and pre-approval modes to enhance the experience of different quotation methods.

Remarks:
No commission or handling fee will be charged for foreign exchange transactions.

A type of foreign exchange transaction, which is used to lock the exchange rate at a future point of time.

Features

• Foreign exchange forwards include Deliverable Forward (DF) and Non-Deliverable Forward (NDF).
• DF is the most commonly used trading mode, covering the most currency types, and the principal settles in full on due date.
• NDF is a forward exchange rate locked at the beginning of the period and difference with a fixing rate on maturity, settles only the price difference.
• The above two forward transactions can effectively lock in the exchange rate under the circumstances of exchange rate fluctuations.

Remarks:
Forward transactions should be accompanied by granted trading limit or other guarantees such as full fund pledge and FX agreement.

Interest Rate Swap of single currency (float to fixed, fixed to float).

Features

• Use interest rate swap to reduce interest rate risks in different interest rate environments.
• Flexible asset and liability management: reduce the risk caused by interest rate fluctuation by interest rate swap transaction to offset the unnecessary risk caused by interest rate fluctuation; save costs and improve management efficiency through interest rate swap transactions without changing the combination of underlying assets or liabilities.

Remarks:
IRS requires granted transaction limit and signing of ISDA.

Exchange of currencies and the interest rate (float or fixed) between two designated currencies.

Features

• The exchange mode is flexible and can be tailor-made to meet different business backgrounds: principal can be exchanged or not at the beginning and end of the period, with fixed and floating rates to choose.
• The use of CCS can help Cooperates with the mismatch currencies exposure when conducting businesses, and provide better conditions: reduce interest expenses, exchange costs with the best source currency of choice in repayment, and exchange for the target currency for projects or investments.

Remarks:
CCS requires granted transaction limit and signing of ISDA.