RMB/FX Forward at Average Price

Introduction 

RMB/FX forward at average price is a special form of RMB/FX forward business whereby a customer and the Bank sign an agreement to conduct a series of foreign exchange-RMB transactions of specified amounts and in the same direction at a specified price on a specified future date. Through such transactions, customers can effectively manage small-amount foreign exchange transactions and manage exchange rate risks in an intensive way. 

Instructions 

The same as RMB/FX forward. 

Application Procedure 

The same as RMB/FX forward.