Forex swap transaction

A cross between a spot transaction and a foreign exchange forward contract
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A forex swap transaction allows you to exchange currencies and immediately arrange for re-exchange at a later date. A swap enables you to extend or shorten spot transactions, foreign exchange forward contracts or swap transactions. You benefit from the expertise and market knowledge of our foreign exchange traders.

Forex swap transaction: for limiting currency risks

  • Sale of a currency on the spot date and simultaneous forward repurchase or vice versa

  • Foreign exchange transactions in 9 foreign currencies and 90 currency pairs

  • Purchase/sale against CHF or another currency

  • Extension or shortening of spot and forward forex transactions

  • A private account in the relevant currency is required for foreign exchange transactions. The accounts must be in the same name
  • Upon conclusion of a foreign exchange forward contract, a margin of 10% of the total amount on the private account will be reserved
  • The margin (the safety margin to cover the exchange rate risk which the writer of a forward transaction has to put up or deposit) will be constantly adjusted in accordance with market conditions during the course of the foreign exchange forward contract
  • Spot foreign currency transactions are free of charge

Conditions

Upon balance of a forex swap transaction, a margin of 10% of the total amount on the business account will be reserved. The margin (the safety margin to cover the exchange rate risk which the writer of a forward transaction has to put up or deposit) will be constantly adjusted in accordance with market conditions during the course of the forex swap transaction.

CHF
Swiss franc
AUD
Australian dollar
CAD
Canadian dollar
DKK
Danish krone
EUR
Euro
GBP
British pound
JPY
Japanese yen
NOK
Norwegian krone
SEK
Swedish krona
USD
United States dollar

Setting up forex swap transactions

Simply by telephone.

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