FX Swap

Positive

Negative

Type of clients

all types of clients: retail, professional and eligible counterparties

Clients’ knowledge and experience

- the movement and the possible expectations regarding the hedged reference values;

- lost profits or realized losses related to a negative change in reference values;

- hedging cash flows and providing liquidity in a currency other than the base currency by entering a FX Swap in relation to future receipts or payments on liabilities, or providing current liquidity in a currency other than the base currency;

- the process of permanent collateral maintenance

does not meet the indicated knowledge and experience requirements

Clients’ financial situation with a focus on the ability to bear losses

ability to bear a negative result due to FX rate change within the term of the instrument and its maturity

Clients’ risk tolerance and compatibility of the risk

low-risk profile, due to the ultimate objective to provide current liquidity in a currency other than the base currency

inclined to bear the risks of negative deviations of the reference values

Clients’ objectives and needs

to hedge or to provide liquidity in a given currency