Take behavior as an example to explain as follows.

1. What is personal firm foreign exchange trading business?

Personal firm foreign exchange transactions referred to as "foreign exchange treasure" is

A transaction in which individual investors exchange one foreign currency for another. At present, the safe does not allow residents to engage in deposit trading, so personal foreign exchange trading is also called personal firm foreign exchange trading.

2. What is the function of personal foreign exchange trading?

Arbitrage: In the international foreign exchange market, the exchange rates of various foreign currencies often fluctuate greatly. When the exchange rate of one foreign currency keeps falling, switching to another foreign currency that keeps appreciating can ensure that your foreign exchange assets will not depreciate. You can also take advantage of frequent changes in foreign currency exchange rates to obtain exchange difference income by buying low and selling high.

Arbitrage: Different foreign currencies have different interest rates. You can change the foreign currency with lower interest rate into another foreign currency with higher interest rate, thus increasing the interest income of the deposit.

3. What kinds of foreign currency transactions can individuals do when making firm foreign exchange?

Nine currencies are interchangeable, namely, British pound, Hong Kong dollar, US dollar, Swiss franc, Japanese yen, Canadian dollar, Australian dollar, euro and Singapore dollar.

4、

Do you need to pay a handling fee for personal firm foreign exchange transactions?

Our bank provides personal firm foreign exchange transactions, and the handling fee is reflected in the bid-ask spread according to international practice, and is not charged separately.

5、

Transaction method:

Over-the-counter transactions: customers can handle personal firm foreign exchange transactions at the counters of branches offering this service.

Telephone entrustment transaction: customers can dial 95566 by telephone to enter the telephone banking system for telephone entrustment transaction of foreign exchange transactions.

Computer Self-help Transaction: Customers can place orders directly through the computer self-help transaction system of the Wealth Management Center of Bank of China to complete the transaction.

Business hall self-service terminal: customers can buy and sell foreign exchange through business hall self-service terminal.

Online entrustment transaction: customers can log on to the website of Bank of China and conduct online foreign exchange transactions through client software transactions or Web (web page) transactions.

In addition to over-the-counter trading, any trading method can choose real-time trading and pending order trading.

6、

What are the characteristics of our personal firm foreign exchange transaction?

A. Low transaction threshold: the threshold amount of each transaction is USD 65,438+000 or other equivalent currencies, and the threshold amount of the counter is not limited; The initial amount of the consignment order is USD 500 or other equivalent currency.

B,

Intra-day trading: T+0 is adopted for trading settlement, which can be delivered immediately after the transaction is completed, and intra-day trading settlement can be carried out within one day.

C,

Low transaction cost: banks only charge customers less than one thousandth of the price difference income, and this ratio will decrease with the increase of the amount of a single transaction.

d、

Trading time is long: every Monday morning from 7: 30 am to Saturday morning at 4: 00 am (4: 00 am to 5: 00 am is the backup time of computer system every day).

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