Currency risk is a threat to earnings, cash flow and a company’s value that arises from exchange rate volatility. Whether our clients import or export, we know that each has a preferred method in meeting foreign exchange commitments. Our clients also require an authorized dealer to make the process easy, reliable with competitive and alongside expertise and useful information when necessary.
The Foreign Exchange Product House (FxPH) offers a variety of convenient foreign exchanges services ranging from vanilla products to bespoke solutions, as well as regular market and regulatory and product information – to assist business with dealing decisions, which works hand in hand with a client- centric service and operations environment.
FxPH gives foreign exchange clients convenient access to trusted foreign exchange dealers via telephone and email. We provide a world class online platform for settlement of foreign currency transactions anywhere and anytime and facilitate automated SWIFT messages. The dealers are committed to understanding each client’s needs and take a portfolio approach to transactions to determine an optimal solution.
Our international operations team provides support and facilitates outward and inward foreign payments our expertise correspondent banking network. They offer a streamlined incoming payments process that ensures timely crediting of funds into accounts and simple and fast cross border transacting in general.
Our professional dealing teams are acknowledged leading foreign exchange dealers and sales experts in the Botswana foreign exchange sector. Their portfolio approach to transactions enable seamless dealing in foreign exchange.
Products on offer are:
- Advisory Services on each FX payment required (Licenses, Management fees, Dividend, Royalties remittance)
- Trades in over 14 currencies including the G10
- Forward exchange contracts (deliverable)
Whether clients need advice before they trade while they’re weighing up options, or if they are about to settle, we can simplify the process.
Clients have access to an experienced team of customer dealers and sales personnel via telephone or through email which enables them to:
- Deal simply, more efficiently and with greater speed
- Have access to more information and control
- Call on customer dealers when specialist assistance is required
For assistance with any foreign exchange queries, online FX, public rates and SWIFT messages please contact our FX Service Desk on:
Tel: +267 370 6723
E-mail: fxservice@rmb.co.bw
For assistance with preferential rates please contact your relationship manager or branch.
Please access our daily public rates by clicking here.
