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Financial Markets
 Money Market

Our wide network offers you the advantage of a variety of Money Market products at competitive prices. You will benefit from the combined experience of our team and commitment to deliver the best value on your investments.

  • Banker's Acceptance (BA)
  • Negotiable Instrument Of Deposit
  • Fixed Deposit
  • Foreign Currency Account
  • Investment Products

Banker's Acceptance (BA)
We provide over the counter (OTC) telegraphic transfers, demand drafts and currency notes through our extensive branch networking.

Spot Negotiable Instruments of Deposit
A foreign exchange Spot Contract is the buying and selling of currency with delivery 2 trading days from the date of transaction.

Fixed Deposits
A Forward Exchange Contract (FEC) is an agreement to buy or sell currencies at a future date (more than 2 trading days) at a predetermined price.

An FEC can be either at premium (i.e. higher than spot rate) or at discount (lower than spot rate), depending on the interest differential between the two currencies. It is generally used to offset or hedge against future rate exposure on receivables or payables in other currencies.

Foreign Currency Account
Our extensive branch networking gives you the benefits of convenience and competitive pricing on over 20 pairs of hard currency notes.

Investment Products
Our extensive branch networking gives you the benefits of convenience and competitive pricing on over 20 pairs of hard currency notes.

If you would like to get any of the Money Market products and services provided, contact us via one of the three ways indicated in the Next Steps section below and we'll get back to you.

Next Steps

Online

Provide us with your basic contact details and we'll be in touch with you soon.

By Phone

Call us up at 1-300-80-3388 and we'll be happy to help you out.

Face to Face

We're always ready to serve you so locate our nearest branch here.