A rapidly evolving business scenario requires solutions that are nimble and unbound by complexities such as forex rates and international monetary crisis. Here, forex services are backed by sound advice from experts, so you get only the best exchange rates.

One of the major risks that a Business Banking client faces is the risk of fluctuations in the forex rates. We bring you solutions to hedge your forex risk and help you focus on your core business activity.

FX Spot

A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days. To enter into a spot deal, you advise us of the amount, both currencies involved and which currency you would like to buy or sell.

FX Forward

This is an agreement between the bank and you to buy or sell a specified amount of foreign exchange at a rate agreed today for delivery on a specified date in the future.

This guarantees you a fixed future spot rate at which you may buy or sell a certain amount of currency thus enabling you plan better and hedge against adverse foreign exchange movements.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.