We strive to provide fast and comprehensive financial market advisory and quotation services to corporate customers, and engages in a broad range of foreign exchange transaction services based on the individual needs of clients，including mainly FX spot, FX Forward, FX swap, and RMB NDF business. Moreover, we will cooperate with Head Office to provide our domestic and international corporate clients with a 24-hour global trading service. At the same time, we will develop and supply more customized FX and interest rate hedging products and fix income products in order to assist your corporation's international expansion ambitions.
1. Foreign Exchange Transactions
Agricultural bank of china is the No. 1 as Market Maker in Chinese inter-bank FX market in market making volume.
● Cross-border dual currency settlement
According to customers’ needs for payment or receipt in foreign currencies, ABC Macao branch may cooperate with domestic branches for currency conversion so as to reduce costs on purchase of exchange or increase revenue from selling of exchange.
● Spot foreign exchange transaction
The spot foreign exchange transaction refers to the business where both trading parties handle a foreign exchange transaction based on the spot exchange rate of the foreign exchange market, and handles the delivery on the second working date after the transaction date (T+2). The customer may handle the transaction based on the spot exchange rate of the market or entrust a bank to send the pending order.
● Forward foreign exchange transaction
The forward foreign exchange transaction refers to foreign exchange transactions where both trading parties conclude a transaction on a given future delivery date based on the exchange rate provided in the agreement. The customer may completely fix the exchange rate of a future delivery on the transaction date and thus, lock up the exchange risk. It is applicable to the customers who need to handle a foreign exchange transaction on a certain date of the future.
● Option-date foreign exchange transaction
The option-date foreign exchange transaction enables the customer to deliver a foreign exchange transaction at a given exchange rate on any working day during a future period of time. It is a forward foreign exchange transaction in which the customer may select the delivery date.
In the event of an uncertain date of delivery, this product enables the customer to enjoy a fixed exchange rate during a future period of time on the transaction date and thus, completely locks up the exchange rate risks. It is applicable for the customers who have the foreign exchange transaction demand in the future but are not sure about the concrete delivery date.
● Super-forward foreign exchange transaction
The super-forward foreign exchange transaction refers to the forward foreign exchange transactions with an value date of one year later. In other words, the customer appoints a certain delivery date that is one year later and entrusts the bank to buy a currency and sell another currency on that delivery date. In this transaction, the customer decides a fixed exchange rate for a future delivery transaction on the transaction date and thus, fully locks up the exchange rate risks. It is applicable to the customers who need to handle a foreign currency transaction on a certain date in the future.
● Foreign currency swap transaction
The foreign currency swap is where both trading parties agree to exchange a certain amount of fund in currency A to a certain amount of fund in currency B based on the agreed exchange rate and amount during a recent point of time, and to exchange the original amount of funds in currency A with currency B based on the agreed exchange rate at a later point of time.
2. Bonds Investment
According to customers’ needs, we may provide various bond trading and investment services in order to help our customers lock in the cost of debt or capital gains.