Spot Foreign exchange (FX) settlement covers both purchase and sale of spot FX:
1. Spot FX purchase means that on the basis of the spot rate in FX market on the very day, CEXIM buys your foreign currencies after negotiating with you, and pays RMB to you accordingly.
2. Spot FX sale means that on the basis of the spot rate in FX market on the very day, CEXIM sells foreign currencies to you after negotiating with you, and collects your RMB accordingly.
We can provide spot purchase and sale service in a range of freely convertible currencies.
Benefits for Customers
Specialized in large-amount transactions and with rich experience, we can process your request promptly and perfectly;
We update our quotations many times within one day and enable you to negotiate the rate for every transaction.
Purchase and sale of spot FX should comply with foreign exchange regulations in China and required documents should be submitted to us;
You can inquire us in advance for large-amount transactions so as to obtain a better quotation.