Spot foreign exchange transactions refer to foreign exchange transactions in which both parties conduct transactions according to the spot exchange rate in the foreign exchange market on the trading day and make delivery on the delivery date.

The applicant initiates an instruction for spot foreign exchange trading to the Bank of China, and determines the details of spot foreign exchange trading in the form of written entrustment. After the transaction is concluded, Bank of China will issue a transaction confirmation to the applicant, and the actual delivery will be made within two working days (T+2) after the transaction date.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

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