Product description
- Commodities or securities market
- Transactions cash based and delivered immediately
- 2 days delivery date
- Contracts usually immediately effective
Product features
- Transaction done on the spot
- Delivery in 48 hrs (sometimes up to 7 days)
- Sale/purchase against base currency
- Exchange currency referred to as counter currency
Your benefits
- Short term financing needs
- Simple product
- Known Cost
- Agreed Value Date
The Requirements
- Good credit rating with bank
- Pre determined credit limit
Application process
- NA (consummated on trading platform or over phone)