You Are Here: Home > Products & Services > Corporate Banking > Spot Foreign Exchange
Spot Foreign Exchange
 

Spot foreign exchange trading refers to the spot foreign transaction between different currencies during the transaction hours of ICBC Prague Branch by customers.

Through this product, customers can both achieve the conversion between foreign currencies under the precondition that they assume their own risks. Furthermore, customers can transform one currency of lower interest rate into another of higher interest rate to gain return of the interest spread.

Risk Prompt: Due to the uncertainty in the changes of exchange rate in future, in the case that the exchange rate in future is superior to the exchange rate in the spot foreign exchange trading after the customer has handled the spot foreign exchange trading business, since the customer has locked the cost or income of exchange rate, he cannot enjoy the extra income brought by the changes of exchange rate in future.


(2018-01-19)