Derivatives

HSCB requires a premium payment for its flexibility if the currency amount is uncertain. Minimum deal size is US$200,000 or currency equivalent. There is no maximum deal size. The period is up to 12 months. A premium or upfront fee must be paid within two days of the agreement and no foreign exchange credit line is required for the standard currency option. Zero premium is also available.

Benefits

• Gives companies flexibile and tailored solution to manage their foreign currency exposure.
• Protects against adverse foreign exchange movements while providing the ability to gain from favorable foreign exchange movements.
• Improved budgeting and cash flow planning.
• Flexible terms.
• Available in all major currencies.