Search this web siteHelpAdd bookmarkEnglish versionThai version
Personal BankingBusiness ServicesAbout Bangkok Bank
 BUSINESS BANKING
SMEs
 + Business Centers
 + Lending Solutions
 + Trade Services
 + Treasury
  + FX Instruments
 + Transfering Funds
 + Operating Accounts
 + Cash Management
 + Internet Banking
 + Investments
 + Investment Banking
 + Merchant Services
 + Securities Services
 + Credit Cards
 + Support Services
 + Modern Agriculture
Corporate Banking
Bangkok Bank > Business Banking > SMEs > Treasury > FX Instruments
FX Services

Foreign Exchange Services

We have a full range of services to meet your foreign exchange requirements.

Same Day Transactions
Forward Contracts
We are pleased to complete the buying or selling foreign currencies transactions with our clients within one business day. The clients can perform the following same day transactions:
  • Selling export bills
  • Paying import bills
  • Converting inward remittances in overseas currencies to Thai Baht
  • Remitting funds in foreign currencies overseas
  • Buying or selling bank notes
Bangkok Bank helps the clients to log in a specified foreign exchange rate for buying or selling their foreign currencies they will pay or receive in the future time frame through the use of forward contracts.
Swaps
Options
Bangkok Bank helps the clients cope with their mismatched cashflows by offering the exchange of cashflow from one currency to another with a specified amount, exchange rate and future dates.
Bangkok Bank offers the clients the rights to buy or sell foreign currencies they will pay or receive in the future date at a specified foreign exchange rate and amount. As options are rights, not obligations, thus the clients may choose not to exercise the options they bought if the current market price at the option due date is more preferable. Therefore, options offers clients the assessment of the minimum of future revenue or the maximum of future cost in terms of Thai Baht.
 
We are always at your services for assisting you to cope with volatile foreign exchange market.
  • Exporters - Normally, Thai exporters have revenue in terms of foreign currencies and cost of goods sold in terms of Thai Baht (as they buy or produce products locally for their exports). However, exporters can predict their revenue in terms of Thai Baht accurately through the use of foreign exchange forward contracts. The contracts will have details of the future foreign exchange rate that will use to exchange their revenue denominated in foreign currencies, together with the amount and the future time frame of the contracts.
  • Importers - As the foreign exchange rate is always fluctuating, it is difficult for importers to precisely predict the costs of goods they import from abroad. However, with forward contracts, importers could be certain about the foreign exchange rate they will apply to the cost denominated in terms of foreign currencies.
  • Borrowers of offshore funds - Some may choose to borrow money in terms of foreign currencies. However, one of the important concerns of the borrowing is still cost of funds. To be able to compare the cost of borrowing Thai Baht and borrowing foreign currencies, swaps can help. Swap allow borrowers to change their funds borrowed from abroad to Thai Baht and the same time log in the foreign exchange rate that will be applied when the borrowing is due. Therefore, by doing swaps, borrowers can compare cost of funds borrowed in any currencies with that in Thai Baht.
If you are interested in more details about foreign exchange hedging instruments, please contact our import-export business center at the nearest branch or contact our foreign exchange trading department at (66) 0-2230-1204 to 08
Contact us
For more information about foreign exchange services you can email or phone us on:
(66) 0-2231-4301-5
(66) 0-2230-1204-8


Home | Locate Us | Site Map | Help | Contact Us
Personal Banking | Business Services | For Shareholders | About Bangkok Bank
 logo_1333.gif  
Copyright © 2001 Bangkok Bank Public Company Limited.All rights reserved. Privacy Statement | Terms and Conditions