Labuan Branch
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Labuan Branch Home Page > Products & Services

Foreign Remittance

Foreign Remittance

We provide cross-border telegraphic transfers in various currencies to our customers.

Spot Contract

We provide foreign exchange quotations for a wide spectrum of currencies to meet your inward and outward remittance needs. Competitive quotations are based on the threshold amounts.

Forward Exchange Contract

A Forward Exchange Contract (FEC) is a contractual agreement to buy or sell currencies on a predetermined future date at an agreed exchange rate. It is generally used to offset or hedge against future rate exposure from export/import activity and foreign currency denominated loans or bonds.