1 thought on “What import insurance in international settlement? What is DF? What is NDF?”
Marcos
Import insurance generally refers to the import of "Avalised" on the bill of receipt of the D/A (acceptance order) item, the receipt (importer bank) on the exchange bill. Perform the payment and pay unconditional payment. NDF: refers to a long-term foreign exchange transaction model, which is a long-term foreign exchange trading model, is a derivative financial tool that is used for currencies and regions that are derivative. Carry out offshore transactions. During the transaction, both parties to the transaction determine the name amount, forward exchange rate, and maturity date of the transaction. Two days before the expiration, the cosmetic exchange rate of the currency was determined. On the maturity date, the two parties of the transaction calculated the profit or loss of the difference between the long -term exchange rate at the beginning of the transaction at the beginning of the transaction. The US dollar is delivered to the income party. The approach is that the two parties of the transaction "do not need to pay the funds voucher or margin" contract when signing the contract or the contract. And a transaction tool for receiving. df: It feels like it should be a long -term foreign exchange. Corresponding to NDF for reference
Import insurance generally refers to the import of "Avalised" on the bill of receipt of the D/A (acceptance order) item, the receipt (importer bank) on the exchange bill. Perform the payment and pay unconditional payment.
NDF: refers to a long-term foreign exchange transaction model, which is a long-term foreign exchange trading model, is a derivative financial tool that is used for currencies and regions that are derivative. Carry out offshore transactions. During the transaction, both parties to the transaction determine the name amount, forward exchange rate, and maturity date of the transaction. Two days before the expiration, the cosmetic exchange rate of the currency was determined. On the maturity date, the two parties of the transaction calculated the profit or loss of the difference between the long -term exchange rate at the beginning of the transaction at the beginning of the transaction. The US dollar is delivered to the income party. The approach is that the two parties of the transaction "do not need to pay the funds voucher or margin" contract when signing the contract or the contract. And a transaction tool for receiving.
df: It feels like it should be a long -term foreign exchange. Corresponding to NDF
for reference