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Get to know what you should be aware of when deciding to buy a car, build a house, investing for your retirement and many other activities.
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.
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