Cross Currency Swap

Cross currency swap is an agreement to exchange interest payments in one currency for those denominated in another currency.

Features
& Benefits

  • Suitable for corporate who has loan denominated in one currency, while its revenues are denominated in a different currency.  Hence, there is FX mismatches between the currency of his loan and the currency of his revenues.
  • For example, you have a USD floating loan but has only SGD revenues to service your USD loans.  Hence, you are exposures to both FX and interest rate risks.
  • A defensive and conservative hedging strategy for hedgers who wish to protect against both the FX and interest rate risks.
  • Simple and straightforward hedging solution.
  • Can be customized to meet your requirements:
    • Your floating rate loan in one currency can be converted to a floating or fixed rate obligation in a different currency.
    • It can also be convert your fixed rate loan in one currency into a floating or fixed rate obligation in a different currency.
  • There are both principal and interest exchanges in the respective currencies.
  • No upfront fees payable.
  • Available in different currency pairs (for example, USD/SGD, USD/JPY, EUR/GSD etc) and available to hedge against different floating rate market indices (such as SGD Swap Offer Rate, USD Libor, EURIBOR etc).
  • Tenure of cross currency swap ranges from 1 year to 15 years.

Apply Now

To apply, all corporations have to set up a Swap Line with the Bank. The Swap Line states the maximum amount and tenor that you may contract at any one time.

More Information

To apply, all corporations have to set up a Swap Line with the Bank. The Swap Line states the maximum amount and tenor that you may contract at any one time.
  • Contact Us
  • Visit us at:
    United Overseas Bank Limited
    Corporate Sales
    80 Raffles Place
    5th Storey UOB Plaza 1
    Singapore 048624