FX Sales

Our vibrant FX sales desk offers corporate counter-parties a wide range of solutions. These range from simple spot purchases and sales to derivatives for hedging exchange rate movements. The desk caters to the FX needs of a large number of corporate accounts across numerous industries, including FMCG, pharmaceuticals, cement and construction materials, RMG and textiles, power, petroleum and lubricants, food, edible oil and telecoms, among others. The desk also circulates weekly updates on currency and interest rates. This raises awareness among existing and potential clients about prevailing market conditions, enabling them to take informed decisions with respect to their FX and interest rate exposures.

FX Sales Desk undertakes:
Buying and selling of foreign currency against local currency to customers having their exposure in foreign currency e.g.

  • Payment of documentary credit
  • Remittance of offshore borrowing repayments
  • Remitting technical fees
  • Profit repatriation
  • Repatriation of sales proceeds
  • Encashment of export proceeds
  • Encashment of other foreign currency funds

Features:

  • Same day and online settlement of funds using SWIFT and EFT/RTGS
  • Account opening with BRAC Bank not required to avail FX Sales services
  • Enables client to maximize FX gain from competitive rates
  • Provides Continuous support for making payments even in liquidity shortage of the market due to better inflow of foreign currency
  • Provides advisory service on market forecast and behavior
  • Increases market participation and knowledge

Interested in availing our FX Sales services? Here are our FX Sales Contact details:

Email: [email protected]
Telephone: +88028801255-60



 
 
ForEx Rates

Thu, Dec 3, 2020 10:34 AM

Currency Buying Selling
USD 83.95 84.95
EUR 101.0338 104.2447
GBP 111.5699 114.8057
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