How do I make a foreign exchange transaction?

To execute an open or closed contract, you must be subscribed to the Foreign exchange operations platform.

Here are the steps to follow to complete your transaction:

• Sign in to online banking for business.
  
• Click Foreign exchange from the left menu.
  
• Select the type of transaction (spot, closed futures or open futures).
  
• For a closed contract, you must enter the value date.
  
• For an open contract, you must enter the option date and the value date.
  
• Select the currency you wish to buy.
  
• Select the currency you wish to sell.
  
• Enter the amount of the transaction in the currency of your choice.
  
• You can enter additional information in the Comments section.
  

Foreign exchange transactions can be made Monday through Friday between 7:30 a.m. and 5:00 p.m. (ET).