ttb cross currency swap

ttb cross currency swap is a hedging product for exchange rate and interest rate risk. This financial product is a contractual agreement to exchange principal at the beginning and final maturity and to exchange interest during the tenor of swap until maturity.

Benefits

To protect clients from both the risk of interest rate fluctuation, and currency rate volatility. It is best suited for clients who receive income and/or have liabilities in a currency different from their source of funds.

Conditions

Juristic Persons

Documents Required

For Juristic Persons

  1. Certified copy of Company certificate
  2. Financial report
  3. Value added tax return under the revenue form (Por. Por. 30)
  4. Copy of List of shareholder’s names (Bor. Or. Jor. 5)