| |
| Foreign Exchange Deposit Accounts are interest-bearing accounts that can be set up to contain most major foreign currencies. These accounts are structured to be similar in many ways to money market accounts. |
|
| |
A Foreign Exchange Deposit Account can enable you to:
- Hold and pool foreign currency receivables for future needs.
- Take advantage of higher interest rates that may be available in other currencies.
- Gain better control over cash flows.
- Create a hedge vehicle to protect against currency fluctuations.
- Reduce the risk of exchange rate losses when paying and/or receiving denominated payments.
Fixed-rate time deposits are also available upon request in many foreign currencies. |
| |
|
| Send us an Email |
| Feel free to contact us by email |
|
|
