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Spot
Product Overview
Spot Foreign Exchange contracts are the most common of all foreign exchange contracts. They are used by companies needing to buy or sell foreign currency at short notice.
Product Benefits
- Customers can take advantage of favorable foreign exchange rates
- Fast processing time
- Simple documentation process
Product Features
- A spot foreign exchange contract is a binding obligation to buy or sell a fixed amount of one currency in exchange for a fixed amount of another currency
- Settlement in two days
- Major foreign currencies are available
Tip : Foreign exchange rates may fluctuate anytime by any amount
