These transactions involve the immediate sale or purchase of one currency against another, with same-day settlement. The Sales Desk provides competitive rates for transactions starting from US $5,000 or equivalent in third currencies. For smaller amounts, rate sheet pricing applies.
This refers to FX transactions settled on a future date, with the exchange rate fixed in advance. It allows clients to hedge against currency fluctuations. All transactions are SBP-regulated and confirmed via recorded telephone lines with the Sales Desk.
FBP enables exporters to access PKR liquidity against export bills before maturity. The PKR discount rate is applied, and funds are released in advance. Transactions are secured by export documents and are executed via recorded calls with the Sales Desk.
FBD functions similarly to FBP but is denominated in foreign currency. The export bill is discounted using the Alternative Reference Rate (ARR) + Spread, and the FX amount is converted to PKR using the prevailing ready rate. Disbursement follows standard documentation and is confirmed over recorded lines.