FX terms

Here you will find the Material Economic Terms that The Royal Bank of Scotland plc (RBS plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us.  These  terms should be read prior to engaging in swaps transactions with us.

These are Material Economic Terms that apply to FX transactions specifically.  Should you have any questions about these terms please contact your RBS Sales Associate for more information.

FX terms

Title Description File Date Uploaded
FX and Currency Derivatives Current Templates The EMTA Template Terms for Non-Deliverable FX Forward Transactions, Non-Deliverable Currency Option Transactions and Non-Deliverable Cross Currency Transactions for various currency pairs are set forth below. These Template Terms, in each case, are the terms currently recommended by EMTA for forwards, options and cross currency transactions for each such currency pair. Please note that the Template Terms are not intended to be a substitute for a confirmation, but are intended to reflect market consensus on material non-trade terms that may be incorporated into a trade confirmation, unless otherwise agreed by the parties. Market participants are welcome to incorporate the Template Terms for any currency pair into their trade confirmations or may agree on different terms.



In addition, Annex A to the 1998 FX and Currency Option Definitions prepared by EMTA, Inc., ISDA, Inc and The Foreign Exchange Committee, and the Compendium thereto, are set forth below. Annex A represents the full and official set of rate source and other definitions. The Compendium to Annex has been prepared solely for the convenience of the market and is updated from time to time to include recent amendments to Annex A. Annex A and the official publications by EMTA, ISDA and the FXC of any amendments remain the definitive publications for these various terms. Annex A and the Compendium thereto may also be found on the websites of the co-sponsors, ISDA, Inc. and the Foreign Exchange Committee.
Read more 09/04/2013
Average Rate Forward Contract

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Inverse Average Rate Currency Option   Download file  
Average Rate Currency Option - Call   Download file  
Average Rate Currency Option - Put   Download file  
Currency Option subject to Knock-Out Provisions - America   Download file  
Strip of Currency Options subject to Knock-Out Provisions   Download file  
Currency Option subject to Knock-Out Provisions - European   Download file  
Strip of Cylinder Contracts

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Strip of European Digital Currency Option Contracts   Download file  
Forward Plus Contract   Download file  
Strip of Forward Plus Contracts   Download file  
European Forward Plus Contract   Download file  
Strip of European Forward Plus Contracts

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Forward Contract   Download file  
Strip of Forward Contracts   Download file  
Forward Volatility Agreement   Download file  
Currency Option Contract

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Strip of Currency Option Contracts   Download file  

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If you have any questions or concerns, please contact your RBS salesperson