Standard Chartered FX
 

Hello sir I want to know about the FX facilities of Standard Chartered so please provide me information about this facilities of bank.

Re: Standard Chartered FX
 

Standard Chartered Bank helps its clients engaged in international trade (import / export) to hedge the risk involved with the fluctuation of foreign currency.

Features of bank

FX facilities

Facilities include cash, tom spot and Forward contracts and Plain vanilla options.

Expert advice

They provide expert advice on foreign exchange deals through dedicated SME Banking FX Treasury.

Real-time rates

Standard Chartered provides you with instant, real-time FX rates for more than 100 currencies.

Foreign Exchange Services

One of the major risks that an SME such as yours faces is fluctuations in the Forex rates.

They provide you with solutions to hedge your forex risk and help you focus on your core business activity.

Features

Facilities include Cash, Spot deals, Forward contracts offered to existing customers

Expert advice on Foreign Exchange deals through a dedicated SME Banking FX Treasury

Instant, real-time foreign exchange rates

2. Additional Features

Foreign Exchange at Great Rates with Fast Service

You can buy and sell all major currencies over the counter in any branch countrywide.

Enjoy preferential rates for amounts over USD10,000 or equivalent foreign currency

No commission charged

Enjoy the convenience of dedicated Forex counters

3. SWIFT Transfers

You can send and receive money from one account to another, anywhere in the world and in any currency.

Flat fee for outgoing SWIFT transfers irrespective of the amount

Funds are received or transferred to the beneficiary within 2 working days after receipt of customer instructions

4. Foreign Drafts

These are banker's Cheque denominated in a foreign currency.

Available in all major currencies