Can I read Forward Contract Cancellation & Extension Guide on EtoBox?
Forward Contract Cancellation & Extension Guide by Shweta Tyagi is a document available to read on EtoBox.
What is Forward Contract Cancellation & Extension Guide about?
The document discusses cancellation, extension, and overdue policies for forward contracts between customers and banks. It explains that customers can request cancellation or extension of forward contracts before maturity for various reasons. For cancellation, the contract is treated as purchased/sold back at the original and current rates, with the customer paying/receiving the difference. For extension, the contract is cancelled and rebooked at current rates, though banks may charge margins. Overdue contr
- Author
- Shweta Tyagi
- Language
- EN