Solution information

Solution information

General information

  • Two parties commit to buy/sell an amount of a currency against another at an exchange rate determined at transaction time.
  • The maximum payment date is 02 business days from the trade date.
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Benefits

  • Supporting a wide range of currencies, payment options and channels.
  • Specialists’ comment on FX movements to help client mitigate exposure to currency volatility
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Conditions for business

Upon buying foreign currencies at spot, clients must provide documents evidencing the purpose, quantity, and type of foreign currencies, settlement date for payment or wire transfer in accordance with applicable regulations on foreign currency management.
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