What is FX Spot?

The exchange of currencies in two (business) days' time, at today's agreed rate. FX Spot is also used for same day and value tomorrow payments.


  • An FX spot deal is the simplest method of buying or selling foreign currency.

  • Can be accessed and managed online.


  • Relying on the spot market for your future foreign currency requirements can expose you to unfavourable changes in foreign currency values.

  • Once you've locked in a spot deal, you must deliver on your agreement on the maturity date.

What else do i need to know?

Managing foreign exchange

Movements in foreign exchange rates can impact businesses differently, so it's important to have a strategy tailored to your specific needs.

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