| > Commission-based sight forex trading |
Signt forex trading means any transaction that the payment is made on the second business day after a deal is closed.
Features:
Convenient
Fast
Close to market
Basic conditions:
client has legal import/export trade background or other value maintaining background, and provides relevant economic contracts (e.g. import/export trade contract, bidding document, overseas project contracting contract, L/C or loan contract) that can prove its trade background or value maintaining background.
Minimum amount at USD100,000 or equivalent currency. |
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| > Commission-based future forex trading |
Future forex trading means any transaction that the trading parties enter into a trading contract at the agreed future exchange rate and the payment is made on the specified date. The longest term for Future forex trading is one year, and the trading exceeds one year can be called as super-future forex trading.
Features:
Locking out the foreign currency paying cost of import
Locking out the foreign currency receiving cost of export
Locking out the long-term foreign currency conversion cost
djusting the foreign currency assets structure
Basic conditions:
The client has legal import/export trade background or other value maintaining background, and provides relevant economic contracts (e.g. import/export trade contract, bidding document, overseas project contracting contract, L/C or loan contract) that can prove its trade background or value maintaining background.
Minimum amount at USD100,000 or equivalent currency. |
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| > Commission-based given-dated forex trading |
Fiven-dated forex trading is a future transaction that the payment date can be selected. In such transaction, the client may select any day in the specified transaction period (typically within 6 months) as the transaction date when it notifies the bank to transfer money.
Features:
Locking out the foreign currency paying cost of import
Locking out the foreign currency receiving cost of export
Locking out the long-term foreign currency conversion cost
Adjusting the foreign currency assets structure
Basic conditions:
The client has legal import/export trade background or other value maintaining background, and provides relevant economic contracts (e.g. import/export trade contract, bidding document, overseas project contracting contract, L/C or loan contract) that can prove its trade background or value maintaining background.
Minimum amount at USD100,000 or equivalent currency.
The client must select the specific payment date within the specified payment period, and notify our bank in writing 2 business days before the payment date selected. |
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| > Commission-based foreign-currency securities trading other than stocks |
It means an operating activity that as an agent, our bank buys and sells foreign-currency securities other than stocks on domestic and overseas securities market for the client and collects certain commission charges.
Features:
Reasonable price. Quoted prices are our transaction prices.
Our bank can keep securities for clents.
We can offer appropriate preference as the amount may be.
Basic conditions:
Non-individual clients opening foreign-currency cash account or qualified for foreign-currency securities business, including enterprises and institutions, foreign-funded enterprises, non-bank financial institutions (insurance companies and finance companies) approved by the State Administration for Foreign Exchange and its branches.
Minimum amount at USD1,000,000 or equivalent currency.
With a term of less than 10 years (or 10 years);
Foreign-currency securities other than stocks;
Worldwide convertible currencies, such as USD, EUR, HKD, and JPY. |
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