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Spot Foreign Exchange

Products and Services

Products and
Services

Spot Foreign Exchange

What is it?

The most basic mechanism of currency-to-currency exchange, it entails the buying and selling of one currency for another at an agreed rate -- called the "spot rate" -- for delivery on the transaction date itself or up to two days after the date of transaction.

Strategic Advantage

Gives people with differing currency requirements the facility of easily shifting to their desired currency.
 

Mode of Payment

  • Cash
  • Cleared funds from your RobinsonsBank account