Thursday, September 17, 2009


Forex insurance


This is a transaction under which foreign currencies are sold at a given price with a value date of over two business days as of the date of purchase.

As with spot transactions, it can be used with any combination of convertible currencies. The term for this kind of transaction does not usually exceed one year.

This product can be purchased at your Bancaja branch or, if your company is so authorised, directly through our Trading Room.

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