Foreign currency trading services

• Customers can receive cash or money transferred from depositors at Kienlongbank or from all domestic banks through Kienlongbank system.
• There is no limit on the amount received.
• Immediately check transaction status information via channels: SMS, Kienlongbank's Customer Service Center or look up information on Internet.
• Notifications from Kienlongbank by mail or phone when the money transfer arrived

SPOT

• SPOT is a transaction where two parties buy and sell an amount of foreign currency at spot rate at the transaction time with payment within the next two (2) working days.
• Free exchange fee.
• Documents: Customers shall present documents with sufficient information about purpose, amount and required foreign currency, time of payment by current regulations on foreign exchange control.

SWAP

• SWAP is a transaction that simultaneously buys and sells the same amount of foreign currency (only two currencies are used), where the maturity of two transactions are different and the exchange rate is determined at the contract signing time.
• Terms: Minimum 03 days, maximum 365 days.
• Free exchange fee.

FORWARD

• FORWARD is a transaction where two parties commit to buy and sell together an amount of foreign currency at a fixed exchange rate and the payment will be made at a specified time in future.
• Terms: Minimum 03 days, maximum 365 days.
• Free exchange transaction fee.
• Documents: Customers shall present documents providing sufficient information about purpose, amount and required foreign currency, time of payments by current regulations on foreign exchange control.