FOREX CASH TRADING

Forex Cash Trading is applicable to exchange control requirements and refers to spot cash purchases and sales done at various branches of the Bank.

FOREX TELEGRAPHIC TRANSFER (TT) SPOT FOREX TRANSACTIONS

These transactions comprise Forex purchases or sales for value settlement within two working days’ time after the date of transaction.

FOREX TT FORWARD AGREEMENT

These are purchases or sales of foreign currency for settlement on a future date, usually with a minimum of 14 days from the date of transaction.

MONEY MARKETS

FDH Bank is an active player on the Money Markets. On the Inter-bank market, FDH Bank participates in Interbank Placements and Interbank Deposits on fixed tenors.