Derivatives, Foreign Exchange & Treasury
National and international products for customers located in Brazil
Products: Derivatives: NDF (non-deliverable forward), Swap and Structured Products (tailor made);
Foreign Exchange: FX spot, FX Forward.
As per the New FX Law (Law 14.286, effective on December 30th, 2022), the list of FX transactions’ ID codes was preliminary updated, and published by the Central Bank of Brazil.
It is now the client’s responsibility to classify the purpose of the transactions according to their respective FX nature.
SMBC Brazil remains available to provide clients with all support necessary.
For further information on the new FX ID codes, click the link or contact us: backoffice@smbcgroup.com.br