Time of settlement to be agreed and should not exceed 02 business days from the contract date.
Main advantages:
- Suitable for foreign trade settlement, investment or overseas money transfer.
- Settlement can be made today, tomorrow or 2 days after trade execution.
Main features:
- Spot rate: current spot rate in the market.
- Procedure: simple, customers need to sign Spot contract.
- Incase settlement made tomorrow or 2 days after trade execution, customers are required to maintain a cash collaterail as x % of total contract value.
- Customers may need to provide additional documents as required by State Bank of Vietnam.
Further information, please contact at
sptiente@sacombank.com or any nearest Sacombank Transaction Point.