Foreign Exchange Spot

Prompt purchase or sale of one currency for another at an agreed exchange rate

Individual exchange rate

Transactions in any currency listed
in KB currency table

Professional support of a team of
our specialists

Combine with clean payments
and documentary transactions

Use KB eTrading application to also trade smaller amounts

Purchase or sale of currency for another at an agreed exchange rate
Intended for individuals and legal entities, including municipalities – domiciled in the Czech Republic and abroad
Transaction settlement normally with spot value date – i.e. two business days after the trade date
Same date or next date settlement arrangements are also available
Transactions available in any currency listed in KB currency table
Trade through an Investment Banking dealer or use the KB eTrading application

Comparison of trading through a dealer and KB eTrading application

Method of negotiation:

	Dealer	KB eTrading
Communication:	by phone	via the Internet
Min. trade amount:	approximately USD 50,000 or the equivalent in another currency	-
Modifications:	The transaction can be arranged between two current accounts of the client, in combination with a smooth out/out payment, documentary direct debit or documentary letter of credit	The trade can be arranged between two current accounts of the client, in combination with a smooth payment, it worked out
Trade Confirmation:	The client will receive a confirmation with shop parameters by fax / e-mail / e-courier	The application archives the parameters of closed deals

It is also possible to negotiate an Order, with specific exchange rate and Order validity. In case the required exchange rate is available on the financial market, the given action will take place – i.e. either a client is notified (Call) or transaction is executed (Fixed).

There are three types of Orders available:

Call Order – a predefined exchange rate, at which a client would only like to be informed about the relevant financial market exchange rate
Fixed Stop Loss – a predefined maximum (potential) loss of a client compared to the existing exchange rate; transaction is to be executed once the maximum loss is incurred
Fixed Take Profit – a predefined potential profit of a client compared to the existing exchange rate; transaction is to be executed once the profit level is reached

Useful information