The figures in our website are quoted for indication purpose only and subject to variation. Please contact our nearest branch or Call Center for our services requirements and more information.

 »  Products & Services  »  Cash Management  »  Forward Exchange Contract

Forward Exchange Contract

Forward Exchange Contract is an agreement between ACLEDA Bank and customers to buy or sell a fixed amount of currency at a specified exchange rate with delivery made on a given date.

Benefits

  • Covering exchange risk, without having to worry about unfavorable movements in exchange rates;
  • Enabling you to gain profit if the exchange rate in the market is higher than the agreed rate;
  • Opportunity to use other bank's services and products.

Special Features

  • Exchange rate is specified as a mean to clear the currency on an agreed date,
  • Agreement can be made between local and foreign currencies or foreign and foreign currencies,
  • Duration of agreement is from 3 days up to 6 months.

Currency, Amount, Period

  • ACLEDA Bank Plc. accepts selling or buying in Khmer Riel, US Dollar, Euro, Australian Dollar, Thai Baht, Vietnamese Dong, and other potential currencies;
  • Amounting from US$10,000 or equivalent in other currencies;
  • Maximum of forward exchange contract is up to 6 months.

Requirements

  • Please contact ACLEDA Bank's branch for more details on the Forward Exchange Contract such as currency type, amount and payment date etc.
  • Have an account with ACLEDA Bank (if you don't have, please fill an Account Opening Application Form in advance).
  • Complete an application form and sign an agreement.
  • Deposit 10% of the total amount in the contract as collateral.
  • Have enough balance a day before or on a payment day during working hours of the effective date.

Site Map
Form Center
Application Forms
User Manuals
Financial Calculator
Newsletter
Security Tips
Legal Notice
Code of Banking Practice (PDF)
ACLEDA Bank Plc. Headquarters
Registration No. 00003077
#61, Preah Monivong Blvd., Sangkat Srah Chork,
Khan Daun Penh, Phnom Penh, Cambodia.
P.O. Box: 1149
Tel: +855 (0)23 998 777 / 430 999
Fax: +855 (0)23 430 555
E-mail: acledabank@acledabank.com.kh
SWIFT Code: ACLBKHPP
Online Visitors: 32     Today: 6,930     Yesterday: 10,613
Online Visitors: 32
Today​ Visitors: 6,930
Yesterday Visitors: 10,613


Find us on Facebook
Find us on YouTube

© 2017 ACLEDA Bank Plc.

Site Map
Form Center
Application Forms
User Manuals
Financial Calculator
Newsletter
Security Tips
Legal Notice
Code of Banking Practice (PDF)
Online Visitors: 32     Today: 6,930     Yesterday: 10,613
Online Visitors: 32
Today​ Visitors: 6,930
Yesterday Visitors: 10,613


Find us on Facebook
Find us on YouTube

© 2017 ACLEDA Bank Plc.

Site Map     Form Center     Application Forms     User Manuals     Financial Calculator     Newsletter     Security Tips     Legal Notice     Code of Banking Practice (PDF)
Online Visitors: 32     Today: 6,930     Yesterday: 10,613
Online Visitors: 32
Today​ Visitors: 6,930
Yesterday Visitors: 10,613
Facebook     YouTube