Question

Describe main types of exchange transactions of business with Bank.

Answer 1

Answer:

Types of Foreign Exchange Transactions

Future Transaction. Future transactions also deals with contracts in the same manner as forward transactions.

Swap Transactions. A simultaneous lending and borrowing of two different currencies between two investors are referred to as swap transaction.

Option Transactions.

Answer 2

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• Future Transaction. Future transactions also deals with contracts in the same manner as forward transactions.

• Swap Transactions. A simultaneous lending and borrowing of two different currencies between two investors are referred to as swap transaction.

• Option Transactions.

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