A spot foreign currency transaction refers to a transaction in which the two parties make a purchase or sale of a certain amount of a foreign currency by VND or another foreign currency at the spot exchange rate determined at the transaction date with the settlement date agreed upon by the parties, but not exceeding 02 (two) business days from the transaction date.

Advantages

• Serving customers’ needs to buy or sell foreign currencies no more than 02 business days from the transaction date.

Customers

• Individuals with overseas remittance to accounts opened with GPBank selling foreign currencies to GPBank;
• Individuals who purchase foreign currencies for the remittance for overseas study, living expenses, overseas medical treatment, allowances to overseas relatives, and overseas immigration, etc.
• Organizations which sell foreign currencies sourced from export sources, foreign currency loans, investment capital, etc. for operations.
• Organizations which purchase foreign currencies for importing goods, paying principal, interest, and fees in foreign currencies, etc.

Contacts

Please contact GPBank Branches/transaction offices
Or our Call Center at 1800 58 58 66/04 3514 9094 
 
 

A swap transaction is a transaction between two parties, including one purchase and one sale of the same amount of a foreign currency by Vietnam dong or one foreign currency, whose settlement dates are different and their exchange rates are determined at the transaction date.
 
Advantages

• A tool to handle a temporary surplus or deficit of a currency without changing the status of such currency;
• An exchange rate hedge.

Customers

• Residents being economic or other organizations, and individuals in need of buying or selling foreign currencies at a specified time in the future with exchange rate hedging

Contact

Please contact GPBank Branches/transaction offices
Or our Call Center at 1800 58 58 66/04 3514 9094 

 

A Foreign Exchange Forward Transaction is a transaction in which the two parties agree to buy or sell an amount of a foreign currency by VND or another foreign currency at a specified exchange rate at the transaction date and the payment will be made at a predetermined time.
The term of the transaction between VND and such foreign currency shall be agreed by the parties at least from 03 (three) business days to 365 (three hundred and sixty-five) days from the transaction date. The term of other foreign currency pairs is at least 03 (three) business days.
 
Advantages

• Serving customers’ needs for buying and selling foreign currencies at a future time;
• An exchange rate hedge.

Customers

• Residents being economic or other organizations, and individuals in need of buying or selling foreign currencies at a specified time in the future with exchange rate hedging

Contact

Please contact GPBank Branches/transaction offices
Or our Call Center at 1800 58 58 66/04 3514 9094