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Spot Forex Settlement & Sale
1.Introduction:
· Forex settlement: Foreign Exchange Settlement refers to a designated foreign exchange bank buying foreign exchange from companies or individuals and paying the corresponding RMB.
Exchange Rate Used: Exchange purchase price for spot exchange settlement; cash purchase price for spot cash settlement
· Forex sale; Foreign Exchange Sale refers to a designated foreign exchange bank selling foreign exchange to companies or individuals and receiving the corresponding RMB as return.
Exchange Rate Used: Exchange purchase price for sale of foreign exchange

2.Functions:
This service can satisfy clients' needs to convert their foreign exchange into a corresponding equivalent amount of RMB or their RMB into a corresponding amount of foreign exchange.

3.Target Clients:
Companies, institutions and individuals

4.Currency Varieties:
USD, JPY, EUR, HKD, GBP, etc. vs. RMB
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