CAC International Bank's Treasury department is responsible for balancing and managing the cash flows as well as liquidity of funds within the bank. It also provides our esteemed clients with foreign exchange as and when they require it.

Foreign Exchange (FX) is the conversion of one currency to another at an agreed upon market FX rate. We have the expertise and range of FX risk management solutions to assist you in addressing your requirements towards managing FX risk.

We provide the following to our clients:


Foreign Exchange

We provide highly competitive FX rates to our clients to facilitate their international payments.

 

Over the counter (OTC) transactions

Competitive rates for transfers, demand drafts and currency notes across all our branches in the country.

 

Spot Contract

 

This facility allows our customer to buy or sell foreign currency with a delivery of Two (2) Trading days e.g. A Spot contract transacted on Monday will be settled on Wednesday.