Treasury
Buying and selling foreign currencies
We buy and sell many foreign currencies such as U.S. Dollar (USD), British Pound (GBP), European Euro (EUR), Swiss Franc (CHF), South African Rand, Japanese Yen (JPY), Canadian Dollar (CAD), Australian/New Zealand Dollar. etc. at competitive foreign currency rates. We also deal in Rwandese Franks, UAE Dirhams, CHF, Chinese Yuan, Indian Rupees etc under special arrangements. Our treasury team is here to deliver innovative and reliable solutions for you to meet your corporate goals. We have built a track record of offering Foreign Exchange and Derivatives & Risk Advisory services globally, in collaboration with our Mizuho Group companies. Our global presence in foreign exchange allows us to deliver local currency expertise that helps our clients manage currency risk exposure. As a leader in derivatives services, we provide our corporate clients with hedging solutions, focusing on liability risk management. Our Risk Advisory team offers advice on cross–border funding, liquidity management, currency exposures, foreign direct investment and exit strategies.
Forward Contracts for buying and selling foreign currencies
If you have export proceeds expected in future or import payments or project payments to be done in future, we provide Forward Contracts to buy or sell Foreign Currencies. These contracts help you lock exchange rate for a forward date.
Foreign Currency deposits
We accept USD, GBP and EUR fixed deposits and pay good interest rates for various maturities from one month to three years. These deposits can be with quarterly interest payment frequency.Foreign Currency SWAP Contracts
If you have saved one currency for making payment in future but you wish to raise liquidity temporarily in another currency, we provide SWAPS. We do a buy spot and sell back forward SWAP contract at attractive price.
If you have projects where you need to manage exchange risks, this can be very helpful. Our dealers can guide you on best practices for Foreign Currency SWAP contracts.
Crossline Capital Bank Treasury Bulletin for information on Money and Foreign Exchange Markets
Our dealers can send to you our periodical Bulletin giving money market and foreign exchange market information upon your request
Crossline Capital Bank also provides Investing Assistance Services for clients who wish to invest in Government of Kenya Treasury Bills/Bonds/Infrastructure Bonds
**Terms & Conditions Apply**