How can we help?

• Your International team
• Our Partner Banks
• Legislation changes

Trade

• Importing and exporting
• Financing Trade

Payments & cash mgt

• Receiving payments
• Making payments
• FX Services
  • Spot FX
  • Forwards
  • Forward Plus and Accruals
  • RBS Trade
• Travel Money
• Global Liquidity

Accounts

• Currency Accounts

Online solutions

• Bankline
• RBSMarketplace
• RBS TradeFlow

Useful information

• A guide to trading internationally
• Glossary

Spot exchange contracts are a type of foreign exchange transaction rather than a solution to mitigate FX risk.

With a Spot FX contract, your business can exchange one currency for another at a fixed rate of exchange and have the funds delivered in two working days' time.

The rate of exchange at the heart of the contract is determined by the international foreign exchange markets. More precisely, the rate is shaped by a variety of factors. These include the number of buyers and sellers in the market and the prevailing view of economic conditions in the countries involved in the trade.

As there are so many variables that can affect the market's view of the value of a currency, spot exchange rates can be very volatile. So we have developed a range of solutions to manage the risk of rate fluctuations, including forwards and swaps.

• More on Forwards