FX Interbank Desk
The MCB FX (Forex) Desk is responsible for covering bank’s and its clients’ FX risk. It also manages the interest rate exposure associated with Bank’s FX book. MCB FX Desk provides competitive exchange rates for all major currency pairs. MCB’s big network and healthy FCY trade volume allows it the leadership role as a market maker in the FX interbank market. The bank’s excellent credit rating ensures that it has a vast network of counterparties. The bank also has an exhaustive network of NOSTRO accounts all over the world with its correspondent banks for all conceivable currencies. MCB FX desk product range includes outright (ready, spot, forward) and FX swap transactions of all major currencies.