Introduction 

RMB/FX forward at average price is a special form of RMB/FX forward business whereby a client 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, clients 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.