Wealth & Retail Banking

Corporate Business

Cross Border

Foreign Currency Conversion

Foreign Exchange Business allows customers to sell their foreign currencies to the bank at our foreign exchange rates in return for the equivalent amount in other foreign currencies.
Standard Chartered offers individual client Spot FX as well as Order Watching Service. Order Watching Service allows client place FX limit order at any time. Once the Limit Order is successfully placed, the Bank will monitor market whether reaches this Execution Rate. If the market reaches this Execution Rate, your Limit Order can then be executed at the specified Target Rate you set.

Foreign Exchange Services
Foreign Exchange Services
Currencies* USD, EUR, HKD, JPY, GBP, AUD, SGD, CAD, NZD, etc
Exchange Rates Real-time Market Rates（Membership applies to electronic/online banking channel, discount offers available for different levels of membership）
*Subject to the compliance of local laws and regulations, Standard Chartered may include additional currencies to foreign exchange services.

Important Notes

  1. Business hours of online Individual CNY Conversion: 9:30 am – 5:30 pm, Monday to Friday (excluding public holidays). Business hours of “Foreign Exchange” online channel: 6:00 am – 5:00 pm, Monday to Saturday (Inclusive of public holidays).
  2. Due to FX market price fluctuations and differences in comprehensive costs of bank services, customers may observe different FX quotes from Branch, Online banking/mobile banking. Kindly be reminded to understand the different pricings through different channels before entering FX transactions.
  3. The foreign exchange service is via the bank’s Wealth FX platform. The bank will quote the real-time exchange rate according to the customer’s application and execute the transaction immediately upon customer’s confirmation. Therefore, the customer will not be able to change or cancel the transaction application. Before submitting the transaction application, the customer shall fully consult the bank about the relevant transaction details and make the transaction decision with caution.
  4. The Wealth FX platform is relying on the proper functioning of the electronic system and the Internet, the customer shall bear the transaction risks related to this. If the platform temporarily fails to work due to transmission or communication facilities, power supply system, Internet failure or network congestion etc, the bank might not be able to accept or execute the transaction submitted by the customer.
  5. Limit order function only applies to online “Foreign Exchange Trading” channel, but not for online “CNY Conversion” and “FCY Conversion” channel now.
  6. For each single FX transaction, margin spread charged by bank will not exceed 300 bps.
  7. The risks related to the fluctuation of foreign exchange rates. If you exchange the currency back to the original currency sold, you may suffer adverse principal loss caused by the foreign exchange depreciation.
  8. This material is for reference only and does not constitute an offer or an invitation for offer of any financial service or product. Please refer to relevant service or product terms for details. Standard Chartered Bank (China) limited (the “Bank”) may alter any contents herein at its sole discretion at any time, and please check with your Relationship Manager for details. The Chinese version shall prevail in case of any discrepancy between the English version and Chinese version.