Business & Corporate Enterprise Service

You can define an intra-cash pool transaction between transaction Accounts that are in different currencies without affecting the currency top accounts balances using the exchange rates set as Internal FX. In AA, a new product is created under the “Relationship Pricing” product line called, Internal FX. Under this product, the user can define the exchange rates for each currency pair that is used when the system performs intra-cash pool transactions. Internal FX will allow the corporate customer to perform cross-currency movements without affecting the bank’s currency positions.

Changing product is the process of switching from one type of deposits product to another within same product group offered by the bank or financial institution that may involve additional fees and charges.