Forex Desk

Specialised desk to reduce your forex risk

Forex Desk

About Forex Desk

HDFC Bank’s Forex Desk helps insurance companies manage their foreign currency positions and risk through two specialised desks – The InterBank Desk based in Mumbai and the Corporate Desk (or the Treasury Advisory Group) that operates out of four centres in Mumbai, Delhi, Chennai, Kolkata.

Insurance companies can benefit from the expertise of HDFC Bank’s highly trained professionals who are experienced in dealing with large volumes of transactions. Our professionals operate from a state-of-the-art dealing room and are active in the local interbank market.

The InterBank Desk (IB) manages the positions generated by the Treasury Advisory Group (TAG), and trades on its own account. The TAG focuses on developing customised forex solutions for customers. While small value transactions are handled by our countrywide network of branches, large value transactions are directly handled by the TAG.

Services of the Forex Desk

Insurance companies can expect prompt and competitive pricing from our teams manning the Forex Desk. In addition, we provide economic, fundamental and technical analysis besides research-based recommendations to help you take better informed trading decisions. Our desk has 24-hour dealing capacity and we can handle both inward and outward remittances. You can choose to trade in any of the following products:

Spot and Forward Transactions

Interest Rate Swaps

Currency Swaps

Forward Rate Agreements

Interest Rate Options

Currency Options