Spot Transaction

Why do you use "Spot Transaction" ?

When you or your company need to exchange one currency (currencies including major currencies and RMB) for another, KVB Kunlun can provide you with the most competitive rate and efficient real-time foreign currency clearing and settlement services. Our global network of fund transfer agents ensures that you receive your funds in the shortest possible time. Payment can be arranged by cash, check or wire transfer.

Benefits of spot transactions:
• 1. Fulfill your temporary need for foreign or domestic currency
• 2. Reduce your exchange rate risk
• 3. Earn capital gains

Procedure：

In Person		By Phone
Ask for exchange rate
Deal done, contract issued by KVB Kunlun		Deposit in KVB Kunlun	No deposit
Make payment		Hedge rate and sign contract	Pay deposit
Cleared funds KVB make settlement within the same day	Uncleared funds wait for fund to be cleared and KVB make settlement	Client signs contract and faxes to KVB Kunlun
		Client transfers fund to KVB Kunlun within two working days
		KVB makes settlement