Currency swap bank liquidity swaps. South Korea and Indonesia signed a won-rupiah currency swap deal worth US$10 billion in October, 2013. The two nations can exchange up to 10.7 trillion won or 115 trillion rupiah for three years. The three-year currency swap could be renewed if both sides agree at the time of expiration. It is anticipated to promote bilateral trade and strengthen financial cooperation for the economic development of the two countries. The arrangement also ensures the settlement of trade in local currency between the two countries even in times of financial stress to support regional financial stability. As of 2013,
Office of the Comptroller of the Currency activity, contract termination ability, clear risk management roles, documenting and reporting, and independent reviews. Banks often engage tens-of-thousands of third parties and are unable to effectively manage the associated risk of all their relationships through traditional means. As a result, many banks have adopted external IT solutions to assist their needs. This has rapidly expanded the market for third-party management software solutions. In July 2007, the OCC launched HelpWithMyBank.gov to assist customers of national banks and provide answers to national banking questions. Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (OCC) is an