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At ICICI Bank IBU GIFT City, customised Hedging and Trading solutions are offered across markets and time zones through a dedicated Treasury.
About ICICI Bank IBU Gift City Forex Desk
- ICICI Bank IBU GIFT City offers quotes for cash, tom, spot and forwards in all major currencies as well as Non-Deliverable Forwards in select currencies.
- Cash transaction is for value TODAY (T)
- TOM transaction is for value T+1
- SPOT transaction is for value T+2
- Forwards including NDF’s are offered for exposures beyond SPOT for managing currency risk ICICI Bank is a leading market player in USDINR NDF
Product Disclosure Statement (PDS) and Risk Disclosure Statement (RDS) for Forex and Derivative products
ICICI Bank can offer a variety of Products depending on clients need, suitability and appropriateness. Clients are requested to read and understand the PDS and RDS before undertaking any forex and derivative transaction with the Bank
Please click here to read and understand the product offering
