Standard Chartered Foreign Exchange Platform provides you convenient features and extensive services that enable you to capture FX market opportunities to meet your traveling, investing, and children’s education needs.
| Scenario Example: Mr. Chen bought 200,000 Japanese Yen when USD/JPY was at 138 and hoped to sell the Yen when exchange rate appreciated to 130. Because of his busy work schedule, Mr. Chen has no time to monitor the exchange rate continuously; thus, he started using Standard Chartered Bank’s FX limit order service. Mr. Chen set a target execution exchange rate of 130 to sell Japanese yen and buy US dollars. When the market exchange rate reaches the target exchange rate, the FX transaction is executed automatically and Mr. Chen’s Japanese Yen is converted to US Dollars. |
| Scenario Example : Mr. Chang’s son is studying in the UK and he needs to convert to GBP every month to pay for his son’s tuition fees and living expenses. Because of his busy schedule, Mr. Chang often forgets to do the exchange transactions and hopes to find a solution. Therefore, Mr. Chang started using SCB “Standing Instruction” service to set a specified date each month to convert into GBP needed for his son. From then on, Mr. Chang no longer needs to worry about forgetting to do the exchange. |
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