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Spot Contracts

Get the best value for
your funds

Spot Contracts are one of the most common means of foreign exchange transactions used by corporate and institutions to cover their receivables and payables in a foreign currency.

The Spot Contract is the most basic and popular foreign exchange product. It is an agreement to buy or sell one currency in exchange for another. You settle the contract the same day, at a price based on the prevailing “spot exchange rate” – the current value of one currency compared to another.

 

The Essentials

  • Widely used by corporate and institutions

  • Assists in foreign currency transactions

  • Protects against fluctuations

 

Terms & Conditions apply
Details and terms & conditions mentioned in this page may change from time to time
Please contact the nearest branch for prevailing details and terms & conditions

 

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