Advice

The Swap deals are used most advantageously:

• if settlements take place in one currency, but a temporary necessity arises to use another. In such a case it is possible to carry out the two-tiered transaction at a predetermined rate without additional currency risks.
• if you have concluded a Forward transaction, but your funding for it arrives earlier or is delayed, the use of Swap allows you to change the actual settlement date of the Forward transaction guarding against currency risk.