Forward foreign exchange transactions refer to foreign exchange transactions in which buyers and sellers make delivery within the agreed time limit according to the agreed exchange rate. The applicant issues instructions to the Bank of China to handle forward foreign exchange transactions, and determines the transaction details through written entrustment. After the transaction is completed, China Bank will issue a transaction confirmation, and the payment will be realized on the delivery date (a certain period after the second working day after the transaction date). According to the needs, banks can be required to balance transactions during the trading period or extend transactions before the maturity date.

Corporate option business refers to the fund business in which institutional customers sign option contracts with China Bank: after paying the option fee to the seller, the buyer obtains the right to buy and sell a certain amount of certain subject matter (foreign exchange or precious metals) or obtain certain income within a specified time or period and according to the agreed conditions; Therefore, the seller is obliged to perform the contract according to the requirements of the buyer.

For details, please consult the local branch of Bank of China.

The above contents are for your reference. Please refer to the actual business regulations.

If you have any questions, please contact online customer service of Bank of China.

You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.