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FOREIGN EXCHANGE | Cesar Tordesillas, Vietnam
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Tin Nghia Bank ready to offer forex services

Tin Nghia Bank has been allowed by the State Bank of Vietnam to provide foreign exchange services.

 

 

Accordingly, the Bank is permitted to supply such forex services as spots, forwards, futures, options, and other types of FX transactions in line with international practices; acting as issuer and the issuing agent of international payment cards; discounting and rediscounting of foreign exchange-denominated valuable papers; authorizing other credit institutions and/or economic entities to act as agents to conduct foreign exchange services; providing trust and asset management services in foreign currencies; providing foreign exchange investment banking service; providing forex consultancy to customers; and other forex services in line with international practices and the Vietnamese law.

The Tin Nghia Bank is also required to strictly comply with the applicable laws and other relevant legal texts on foreign exchange management.
 

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