Foreign currency and gold
Spot transaction refers to the buying or selling of foreign currency with spot exchange rate at the time of the transaction and time frame for settlement is within two business days from the trade date with SCB.
Forward transaction is a commitment between two parties to exchange currencies, agreeing on an exchange rate and the settlement will be at a specific time in the future.
A service for needs to preserve capital in terms of gold and invest to make profits by speculating fluctuation in gold prices.
A service for customers using VND or other currencies to exchange and make international transfers with lawful purposes in accordance with FX Management Regulations, especially acceptable for currencies that are currently not applied at SCB.
