Introduction

Foreign exchange spot deal is the trade where both parties deal at the spot exchange rate of the day on two currencies(eg.USD/CNY、EUR/USD,etc.), and settle the notional amount less than T+2 business day.

Example

One client will travel abroad and need to exchange some CNY to USD. He/She can get the information of Exchange rate from our bank’s staff or other public channel(like website), if the rate is acceptable, the client can contact with our bank’s relevant staff to deal the trade.