Currency Swaps

At KBC Bank Ireland we understand that no business wants to be at the risk of volatile interest rate movements and so we offer products to help guard against this.

Currency swaps are one such product. They are closely related to interest rate swaps. However, unlike interest rate swaps, currency swaps can involve the exchange of the principal. The product is available to corporate and institutional clients only.

The most simple currency swap structure is to exchange the principal only with the counterparty, at a rate agreed and repay the same amounts at some specified point in the future, interest payments also occur within the contract.

Our experts in the Corporate Treasury division will be very happy to discuss this product with you in more detail if it is something that you believe may be advantageous for your business.