FX Options
Introduction
The transaction in which the Financial Institution pays a fee to VietinBank in order to have the right, but not the obligation to buy or sell an amount of this currency against another currency for an agreed duration at a predetermined rate and the settlement date is specified in the future.
Benefits for the customers
Financial Institution retains the right to exercise the FX option.
Mitigating the risks of the exchange rate volatility.
Advantages of VietinBank
Immediately meeting the Client ‘s diverse need of foreign currencies;
Many years of winning awards: Best FX Banks Award by Global Finance
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