FX SPOT TRANSACTION

The participants in a spot transaction agree to buy and sell, respectively, at the present market value and to settle the transaction in two working days later.

Features:
o Customer type : companies legally demands of foreign currencies
o Payment date: maximum of 2 working days
o Currencies: USD, EUR, GBP, CAD, AUD, SGD, CHF, JPY and others

Document requirements:
o Documents proving the purpose of using foreign currencies legally
o Documents that the company pledges to use foreign currencies legally