Products and Services:
A contract to exchange one currency for another at a specified rate, for a specified amount, for delivery (normally) in two business days.
A contract to exchange one currency for another at a specified rate, for a specified amount, for delivery on a specified date more than two business days later. A delivery date option is also offered, whereby the agreement is to exchange between two specified future dates (ex. the 1st and the 15th day of the month).
The right, without obligation, to perform a foreign exchange contract. This is similar to an insurance policy, whereby the buyer of the option (in almost all cases the customer) pays an up-front premium to the writer (in most cases the Bank). The minimum contract size required is USD 500,000 or currency equivalent. A facility limit is required if the customer sells the option.
A combination of Forward Foreign Exchange and Foreign Exchange Option. The premium for the option portion of the deal (normally paid in cash up front) is financed by the obligation to contract the remaining portion of the total amount through a forward foreign exchange deal, at the same rate as the strike price. Forward Funded Options are only possible with an out of the money (OTM) strike price.
A contractual obligation (spot or forward) to exchange gold or silver for a currency.
Like a Foreign Exchange Option, the right without the obligation to transact a precious metal exchange deal. The minimum investment required is USD 500,000.
A combination of foreign exchange and money markets, whereby you may transact an exchange contract but perform your obligation on a different value date to the Bank's; i.e. to buy USD and sell SR on two separate value dates.
Sales Team (Central Region)
Tel: +966-11-4067888 Ext. 1647, 1322, 1323 & 1324
Sales Team (Western Region)
Tel: +966-12-2368844 Ext. 2545, 2546, 2548, 2549 & 2550
Sales Team (Eastern Region)
Tel: +966-13-8946878 Ext. 3300, 3302, 3303, 3304 & 3306