Foreign exchange spot deal refers to the trade where both parties transact at the spot exchange rate of the day on the foreign exchange market, and settle the foreign exchange on the second business day after the trading date (T +2).

Features

1.The customer entrusts the Bank to buy one currency and sell another to make a conversion between different foreign currencies.

2.Direct quotations. Free from formalities to use the RMB as the intermediary for translation, it makes quotations closer to the market level and saves transaction cost for customers.

Currencies

LKR Chinese Yuan and USD.