Forex Desk

ICICI Bank’s Forex Desk helps counterparties manage their foreign currency positions and risk. ICICI Bank offers multiple online channels like FX Online and FX Markets for booking forex transactions.  

Forex Products

ICICI Bank offers quotes for multiple Forex products like Cash, Tom, Spot and Forwards in major currencies. 

• Cash transaction is for settlement today (T) 

• Tom transaction is for settlement on T+1

• Spot transaction is for settlement on T+2

• Forwards are offered for exposures beyond Spot for managing future currency risk. 

How Forwards Work

Key Features of Our Forex Channels:

• Fully integrated Forex services through a state-of-the-art dealing room

• Various Forex products like Cash, Tom, Spot and Forwards as permitted by regulation

• Easy access to our systems offering live streaming of rates

• Fast, secure and error-free execution of deals

• Flexibility to conduct transactions in 26 currencies

• Competitive exchange rates. 

Forex & Currency Risk Management

ICICI Bank offers innovative Forex products and services to its clients by leveraging technology to deliver simple solutions and a user-friendly experience. 

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