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Home > Corporate > Govt Business > Forward Exchange Contract

Forward Contract - IDBI Bank Forward Exchange Contract



Loan Equivalent Risk (LER) limit is sanctioned to Corporates for potential fluctuation in the contractual currency of a foreign exchange transaction (forward / option) undertaken over the transaction's stipulated time period, as determined using the historical volatility of the contractual currency. Forward Exchange / option contracts can be used to cover exchange risk between an overseas currency and local currency or between two overseas currencies. The contract may be entered into at any time and can be used to cover both trade and Non trade transactions.

With IDBI Bank, corporates can book:

      Bullet INR-USD, INR-EURO, INR-GBP, INR-JPY etc; contracts
      Bullet Cross Currency Forward Contracts
      Bullet Fixed Date Delivery and Option delivery Contracts 

We also offer forward contract facility based on past performance basis as a declaration limit.

      Bullet Simple Documentation
      Bullet Rates on fax / phone

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