 | OCBC NISP SWAP |
OCBC NISP SWAP consists of 3 (three) types:
- Currency SWAP
Designed for customers who only have 1 (one) foreign currency and needs other foreign currency to finance their operation. Customer may do foreign exchange transaction on certain price so that the expense could be measured.
- Cross Currency Swap (CCS)
Designed for customers who have long term liabilities on certain foreign currency (more than one year) however they only have account in other foreign currency. Customers may exchange 2 (two) foreign currency without any profit or loss on exchange rate which may occurred, by conducting interest exchange rate on the above mentioned foreign currency for certain period during the CCS contract.
- Interest Rate SWAP (IRS)
Designed for customers who have long term loan in one certain foreign currency with floating rate and have the intension to change the interest into fixed interest for certain period so that the expense could be measured, or on the other way if the customers view that interest rate still have tendency to continue decrease during the loan period.
e-tax
