These transactions comprise Forex purchases or sales for value settlement within two working days’ time after the date of transaction. These are settled by FDH Bank on the same or following day depending on the deal structure. Where Forex is being purchased, Customers can receive the MWK equivalent delivered to their bank of choice within an hour through MITASS Electronic transfer. In addition, when purchasing Forex from other Banks, customers enjoy the offer of competitive transfer charges and exchange rates. Telegraphic Transfer payments are effected on behalf of customers through SWIFT transfers in the case of Forex Sales.

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