Baltikums Bank offers customers a full range of FOREX transactions:

  • TOD, TOM, SPOT, FORWARD, SWAP;
  • Options;
  • Other products related to currency trading.

FOREX transactions are aimed at a most diverse range of customers from representatives of the real sector to aggressive speculators. Baltikums Bank does not use trading platforms to trade foreign currency – instead it offers individual and personified service. A material advantage is the Bank’s flexible approach to managing the customers’ currency risk and active use of cross-margining and net-margining.

The advisable minimal amount for performing brokerage transactions with foreign currency - USD/EUR 100 thousand.

Currency exchange provisions:

  • TOD – buying and/or selling foreign currency where the transaction-related settlements between the Bank and the customer take place on the day when the respective transaction was concluded (the exchange rate was set);
  • TOM – buying and/or selling foreign currency where the transaction-related settlements between the Bank and the customer take place during the business day following the day when the respective transaction was concluded (the exchange rate was set);
  • SPOT – buying and/or selling foreign currency where the transaction-related settlements between the Bank and the customer take place during the second business day after the day when the respective transaction was concluded (the exchange rate was set);
  • FORWARD – buying and/or selling foreign currency where the transaction-related settlements between the Bank and the customer take place on a preset future date and, respectively, after the day when the respective transaction was concluded (the exchange rate was set). The FORWARD transaction execution term may vary from three business days to several years;
  • SWAP – simultaneous execution of two currency exchange transactions: buying (selling) under TOD, TOM, SPOT or FORWARD conditions and simultaneous buying (selling) under TOM, SPOT or FORWARD conditions; besides, the settlement days for these transactions do not match.

For more information please contact private bankers.
Bank Customer Information Landline phone: +371 67 031 333, e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Corporate Banking phone: +371 67 031 405, e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Private Banking phone: +371 67 031 409, e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Trust Management phone: +371 67 031 313, e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

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