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Extended Flexi Multi Currency Transaction Forward

Forex transaction flexibility for ease of investment

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Short Sell

Forex transactions without owning these currencies

Easy transaction

Transactions anywhere with low placement nominal

Flexible

Choose a currency as needed

Other Benefit

Global Access

Wide range access to ATM in Indonesia, Malaysia, and Singapore

Rates, Charges and Interest

There are no interest and fees charged

Further Information

Related information about Extended Flexi Multi Currency Transaction Forward

Extended Flexi Multi Currency Transaction Forward

FAQ

Frequently Asked Questions about Extended Flexi Multi Currency Transaction Forward

What is Extended FMCT Forward?

Extended FMCT Forward is a transaction to sell certain currencies to USD even though the customer does not have the currency (Short Selling). Extended FMCT Forward is available in a variety of currency options traded at OCBC except IDR, SGD, and Exotic Currencies Customer must submit Cash Margin as collateral with minimum of 100% equivalent to the value of the Extended FMCT Forward transaction done by customerv

What are the benefits of this product?

Ease of transaction, since it can be transacted anywhere in all OCBC branch offices, with a relatively low minimum nominal transaction placement, and flexibility since it is available in a variety of currency options, which allows customers to take advantage of market momentum

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