Forex Desk

HDFC Bank’s Forex Desk supports insurance companies in managing foreign currency positions and risks through two specialised desks: the InterBank Desk (IB) in Mumbai and the Corporate Desk (Treasury Advisory Group, TAG) operating in Mumbai, Delhi, Chennai, and Kolkata.

Insurance companies benefit from HDFC Bank’s experienced professionals who manage large transactions from a state-of-the-art dealing room and participate in the local interbank market. The IB Desk handles positions from the TAG and engages in proprietary trading, while the TAG creates customised forex solutions for customers. Small transactions are managed via HDFC Bank’s branch network, and large transactions are handled directly by the TAG.

Services Offered by the Forex Desk

Insurance companies can expect prompt and competitive pricing from our dedicated teams at the Forex Desk. Additionally, we provide economic, fundamental, and technical analyses along with research-based recommendations to assist you in making well-informed trading decisions. Our desk operates round-the-clock and facilitates both inward and outward remittances. You can engage in trading across a range of products including:

  • Spot and Forward Transactions
  • Interest Rate Swaps
  • Currency Swaps
  • Forward Rate Agreements
  • Interest Rate Options
  • Currency Options

This comprehensive suite of services ensures that insurance companies can effectively manage their forex exposures with HDFC Bank’s support and expertise.

Frequently Asked Questions

 At HDFC Bank's Forex Desk, corporations can expect competitive pricing, economic and technical analysis, and research-based trading recommendations. The desk offers 24-hour dealing capacity and handles inward and outward remittances, including various forex transactions.

Key features of the Forex Exchange Desk at HDFC Bank include prompt and competitive pricing, 24-hour dealing capacity, and a range of products like Spot and Forward Transactions, Swaps, and Options. The desk operates with highly trained professionals and state-of-the-art dealing rooms.

HDFC Bank’s Forex Desk  is a specialised service that assists large corporations with international interests in managing their foreign exchange positions and risks. It comprises the InterBank Desk in Mumbai and the Corporate Desk across 4 major Indian cities,. including Mumbai, Delhi, Kolkata and Chennai.