ForEx Switching

Why is ForEx Switching right for you?

• Save you from keeping a close eye on the currency market once instruction is made
• A free service available only in Business Internet Banking exclusive for BusinessVantage customers. No charge for setting up instruction. No charge for successful ForEx switching transaction.
• You can start setting up the instruction in Business Internet Banking anytime. No need to subscribe or register before use*

* User must be a BusinessVantage customer with Business Internet Banking access.

Other benefits

• Fulfill both your currency need and investment objective
• Highly flexible in making currency switching instructions to fit your criteria
• You can specify the target exchange rate. Exchange rates are checked at regular intervals and your specified amount will be transferred when the target exchange rate is hit
• You can specify the frequency and exact date to check and execute your currency switching instruction
• You can also specify a fixed amount or variable amount by setting a minimum balance to be left in the debit account; the remaining balance will be transferred to the chosen currency
• Optional criteria such as suspension period, expiry date and cumulative maximum transfer amount over a pre-defined period to further suit your specific needs

Other useful information and services

• Read our section on All-in-one commercial account
• View our Business Internet Banking
• Read the Foreign exchange service