Our Spot FX service helps you quickly and easily covert to/from foreign currencies at a competitive rate. You will be able to identify potential FX exposures with our latest market outlook and analysis.
Quick exchange
Convert foreign currencies in a short space of time
Wide range of global currencies
Access to up to 16 major currencies and 23 exotic currencies through our FX channels, such as HKD, USD, GBP, EUR, JPY, AUD, NZD, CNY, CAD, CHF, and SGD
Variety of currency solutions
From vanilla FX conversions (Value Today, Spot FX, and FX Forward) to more complex solutions (time options, FX options etc), our specialists will be able to address your needs
Leverage our expertise
Identify and hedge against the potential risks of doing business overseas
Competitive pricing
Benefit from our strong market position and extensive network in multiple FX markets
How it Works
Example:
For Spot USD/HKD FX transactions, we can convert your USD receivables into HKD and credit your bank account in 2 business days.
How to Apply
To apply for our FX spot trading services, please contact your Relationship Manager or call DBS BusinessCare at 2290 8068.We will arrange for a product specialist to speak with you.
FX spot transaction refers to the exchange of foreign currency between two parties at an agreed price within two business days. The exchange rate at the time of completion of the FX spot transaction is known as the spot exchange rate.
Which currencies are supported in FX spot transactions?
DBS allows you to carry out FX spot transactions in over 16 major currencies and 23 exotic currencies, such as HKD, USD, GBP, EUR, JPY, AUD, NZD, CNY, CAD, CHF, and SGD.
How is the FX spot exchange rate determined?
When conducting foreign exchange (FX) spot transactions, the exchange rate is generally determined by the forex market. However, currency pegs can affect the spot exchange rates.
Can FX spot transactions be done anytime?
DBS offers a 24x7 FX trading platform, where you can conduct FX spot transactions anytime, anywhere.
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