Maybank forex currency rates

We provide foreign exchange services including over-the-counter transactions, spot contracts and forward exchange contracts. Over-the-Counter Transaction Over-the-counter OTC telegraphic transfers, demand drafts and currency notes at branches.

Spot Contract A foreign exchange Spot Contract is the buying and selling of currency with a delivery of two trading days from the date of transaction, e. Forward Exchange Contract A Forward Exchange Contract FEC is an agreement to buy or sell currencies at a future date of more than two trading days at a predetermined price.

An FEC can be either at a premium i. It is used to offset or hedge against future rate exposure on receivables or payables in other currencies. Foreign Currency Notes Our extensive branch networking offers you convenience and competitive pricing on over 20 pairs of hard currency notes.

Currency Options A Currency Option Contract provides the buyer holder with the right not obligation to buy or sell currency at a predetermined rate strike price on a specific future date. The buyer of the Option pays an upfront fee or premium to the seller in exchange for the right featured in the Option Contract.

Maybank Kim Eng - Pricing

This instrument is generally used to hedge and manage uncertain future currencies exposure. Maybank Expand Menu Search. Benefits Carry out your foreign transactions with one of the top foreign exchange dealers by volume of daily turnover Experience in catering to the needs of an extensive customer base including individual and middle-market clients, local corporations, multinationals and government agencies Live prices for over 35 currency pairs available Competitive prices.

What are the services available? Need to Know More? For more details, contact us at the following numbers: Malayan Banking Berhad Company No, K. You are about to be redirected away from this site.