Spot Transfer
Spot transactions are used to buy and sell currency for an immediate execution and delivery. Same day payment. Book the currency you are needing and have it in the beneficiaries account within a few hours, or once you have bought the currency you can then choose to deliver the funds to the beneficiary on any given date you wish or hold it on account.
Frequently Asked Questions
Find answers to common questions about Spot Transfer.
What is a Spot Transaction?
What is a Spot Transaction?
A Spot Rate is the live market rate between two currencies. A booked Spot Contract will secure the rate between the two currencies immediately with a settlement date within 5 working days.
How Quickly can we make Spot Contract?
How Quickly can we make Spot Contract?
To book a Spot Contract takes seconds. You can call/email your Account Manager or book online to have this locked in straight away. Trade ticket confirmations are sent directly to you as soon as a Spot Contract is locked in.
Ready to Get Started?
Contact our team today to learn more about how Spot Transfer can benefit you.