![]() ![]() After you purchase a STK card from China Mobile or China Unicom and sign a contract with CCB, you will be able to engage in personal foreign exchange trading and make inquiries (at the rate of short messaging) with a regular cell phone. After our verification, you can engage in personal foreign exchange trading online.īy Cell Phone: To enable our clients to conduct transactions anywhere and at any time, CCB has worked with China Mobile and China Unicom to offer transactions by cell phone. Online: Please log on to and sign a contract. You can follow the instructions on the screen, conduct transactions, make inquiries and print out receipts.īy Phone: With a touchtone phone, you can follow the voice instructions, conduct market or entry transactions, inquire about exchange rates and fax documentation. ![]() Then you can place market or entry orders.Īt a Self-service Terminal: CCB provides self-service terminal at outlets that offer the service. Over the Counter: You may file an Application for Personal Foreign Exchange Trading at a CCB outlet that offers the service, and present your foreign currency bankbook, CDs, cash or 19-digit savings card. The target clients of this service are Chinese residents who have foreign currency deposit accounts with CCB or who hold foreign currency in cash, and foreign nationals who have resided in China for over one year.Ĭurrently, you can choose to conduct your transactions over the counter, at a self-service terminal, by phone, online, or by cell phone.Ī client who has opened a foreign currency account with a CCB outlet that offers services in foreign currencies may engage in individual buying and selling of foreign exchange. The latter three types of orders can only be placed over the counter, at a self-service terminal, or by phone. ![]() However, an entry order that has been settled may not be cancelled.įour types of entry orders are available, namely, take-profit orders, stop-loss orders, one-cancels-the-other orders, and if-done orders. Before an entry order is settled, the client can cancel it. Market orders are settled at the exchange rate published by CCB in an entry order, the client specifies an exchange rate at the time the market exchange rate meets the requirement, the order is settled otherwise, the order will remain open for 24 hours or automatically expires at the end of the week. The client can choose between market orders and entry orders. The individual client must hold sufficient foreign currency for the transaction, and the transfer and settlement of funds are accomplished at the completion of the transaction. Individuals who have foreign currency deposit accounts with CCB may apply to CCB, and if approved, buy and sell between two currencies through a CCB teller, by phone, or online at the exchange rate published by CCB.ĬCB only offers spot transactions. The minimum amount is USD 10 or the same value of other currencies. Low threshold for minimum trading amount of a market or entry order, which is set by each CCB branch on the basis of local market conditions. The information is updated in real time and professionals will follow closely the fluctuation of the market.Ĥ. CCB’s bid and offer quotations are closely linked with the real time trading price of the international market. Real time updates of the international foreign exchange market. In total, 36 currency pairs are available.ģ. dollar, Japanese yen, Hong Kong dollar, British pound sterling, Euro, Swiss frank, Canadian dollar, Australian dollar and Singapore dollar. CCB offers this service in 9 foreign currencies, namely, the U.S. ![]() 24-hour services are already available in some CCB branches.Ģ. The client may choose to do transactions over the counter, at a self-service terminal, by phone, through online banking, or by cell phone. Four major reasons for selecting CCB’s personal foreign exchange tradingġ. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |