Current Location： Home» » Full text
-
What is rebate rebatemeaninginforexforextrading best forex rebate funding business Foreign exchange funding business refers to the use of various financial instruments, especially all kinds of derivative financial instruments rebatesinforex their combinations, cashback forexs can assist the banking industry in the control of risk, to achieve the purpose of foreign exchange asset preservation, appreciation Foreign exchange funding business classification Foreign exchange funding business including the customer foreign exchange transactions, RMB foreign exchange transactions and customer foreign exchange management business 1. (1) spot foreign exchange trading, refers to the bank and the customer according to the agreed exchange bestforexrebate, in the second working day after the transaction for delivery of foreign exchange trading (2) forward foreign exchange trading, refers to the bank and the customer according to the foreign exchange contract agreed exchange rate, in the agreed period (after the second working day after the transaction date) for delivery of foreign exchange trading (3) forward foreign exchange trading, refers to the bank and the customer according to the foreign exchange contract agreed exchange rate, in the agreed period (after the second working day after the transaction date) for delivery of foreign exchange trading. (3) foreign exchange swap, refers to the spot period in accordance with the bank and the customer agreed exchange rate customer entrusted the bank to buy A currency, sell B currency, and then in the forward period in accordance with the agreed another exchange rate and entrusted the bank to sell A currency, buy B currency foreign exchange transactions (4) foreign exchange options, is the option buyer in the payment of a certain amount of option fees, the right to buy the agreed exchange rate in the future in accordance with the agreed time to the seller of the option. 2. RMB foreign exchange transactions RMB foreign exchange transactions include settlement and sale of foreign exchange services and RMB foreign exchange swap business Settlement of foreign exchange refers to the owner of foreign exchange income will sell its foreign exchange income to the designated foreign exchange bank, the designated foreign exchange bank in accordance with a certain exchange rate to pay the equivalent value of the act of RMB Sale of foreign exchange refers to the designated foreign exchange bank will be sold to the use of foreign exchange units and individuals, according to a certain exchange rate to receive RMB According to the relevant regulations, the financial institutions approved by the Peoples Bank of China to operate foreign exchange settlement and foreign exchange sale business are called foreign exchange designated banks, which shall carry out foreign exchange settlement, foreign exchange sale, foreign exchange account opening and foreign payment business for domestic institutions, resident individuals, institutions in China and incoming personnel in accordance with the approved business scope, and handle the statistical declaration of international payments. The scope of foreign exchange settlement and sale business has been extended to all current account and some capital and financial items. Banks have different practices of foreign exchange settlement and sale, mainly including: (1) Spot settlement and sale, which means that banks settle or sell foreign exchange according to the listed exchange rate on the same day (2) Forward settlement and sale, which means that banks sign a forward settlement and sale contract with customers, agreeing on the foreign currency, amount, exchange rate and period for settlement or sale in the future; when the customers foreign exchange income or expenditure is due, the foreign exchange rate will be adjusted according to the forward settlement and sale contract. When the customers foreign exchange income or expenditure is due, the bank will settle or sell the foreign exchange according to the currency, amount, maturity and exchange rate specified in the forward settlement contract. The bank can use various financial instruments, especially all kinds of derivative financial instruments and their combinations, to assist customers to achieve the purpose of preserving and increasing the value of foreign exchange assets under the premise of risk control.More great recommendations：
Source： Foreign exchange funding business Welcome to share this article, please retain the source of reproduction！
-
Read more： avatrade-forex-rebates
Foreign exchange funding business
2023/2/24 21:51:38 Classification: Participation: 9
Related articles
-
Random article reading
-
- Foreign exchange its exchange rate and exchange rate marking method
- How to Get a SiriusXM Subscription for $5 a Month
- Foreign exchange knowledge of foreign exchange transactions introductory basis
- Foreign exchange market masters eight operating tricks
- Foreign exchange trading in addition to the study of the market we also need to know more about themselves
- How to effectively control the emotions of the foreign exchange trader
- The trading techniques of the range edge intervention method
- Foreign exchange legal holidays
-
Hottest Articles of the Month
-
- Metatrader 4 Web Trading Platform
- How to Be a Trader Forex Yang Sukces
- Mark Rose Forex Trader Review
- How to Trade Currency Pairs in Forex
- Can I Have Someone Trade Forex For Me?
- What Is a Forex Trader and How Can You Become One?
- Interactive Brokers - Trading Forex in the US
- Ken Githaiga - A Kenyan Forex Trader Who Has Been Successful
-
Latest Article Comments
-
-
Links
-