FX Forward and Swap Deals

Outright forward and swap deals with JSC VTB Bank VTB Bank customers.

FX Forward is an outright transaction to purchase/sell foreign currency for rubles or some other foreign currency, with settlement on the third business day after conclusion at the earliest, at the rate fixed at the moment of transaction.

FX Swap is a combination of two counter foreign exchange transactions concluded for the same amount of base currency with different valuation dates. Rates for each party to a swap transaction are fixed at the moment of transaction.

This banking product is offered to corporate customers if the Bank sets a limit for such customer to enter FX forward and swap deals.