BCA - Cross Currency Swap

Cross Currency Swap (CCS)

Cross Currency Swap is an agreement between two party to exchange interest payment flow with each other into different currency in agreed time duration or to exchange principal value in different currency with agreed exchanged value (at the time of contract) in due date

Benefit

Important Information

There is a derivative position limit
Having underlying documents in accordance with the applicable regulations of the Banking Authorities (Bank Indonesia & Otoritas Jasa Keuangan)
Having an account at BCA
Signing the Master Agreement, FX Transaction Agreement, Transaction By Phone, ISDA
Providing a Power of Attorney
The margin deposit is blocked
Solely for the OIS, there must be a needs analysis
Satisfying the requirements laid down by the Banking Authorities

Notes:

The SBI/SBBI Valas can be purchased or sold by Individual/Corporate Customers*

Having an IDR/USD account and opening an account at a Custodian

* Currently only available to individual BCA Solitaire and Priority customers, with a recommendation from at least a Branch Operations Head (KOC)

**Only the SBI already owned by BCA will be offered for sale to customers

Fees and Limits

There's no fee for this service

Get the Product

Contact

Hunting Corporate	+6221 395 00 510
Hunting Branch	+6221 395 00 524