How to book a trade & make a payment in one step?
If you would like to make a payment immediately using the current FX rate, you can
- Go to “Payments” > “Send & withdraw”
- Select your payee and choose your buy and sell currencies
- By selecting “pay as soon as possible” and clicking confirm, you would have made a conversion and payout in one step
If you would like to lock in the current rate for a period of time and make payments with your locked rate, you can first book a currency forward. After the forward is booked, you can
- go to “Payments” > “Transaction management” > “FX forward”
- Locate your booked forward trade
- Click on “Add payment” under “Actions” on your trade, you can then make a payment with the forward rate
For detailed steps, please refer to the “How do I book a currency forward contract and fund later?” guide.
How to see the status of FX trades?
To see the status of your FX trades, please follow the steps below:
- Go to “Payments” in the top navigation
- Select “Transaction management”
- Select “FX trades”
- View trades that have been paid/Settled, process/open, cancelled or processing
Which currency pairs are available for FX trades?
To buy
USD、SGD、EUR、GBP、JPY、CNH、AUD、HKD、NZD、CAD、PLN、CHF、AED、SEK、CZK、MXN
To sell
USD、SGD、EUR、GBP、JPY、CNH、AUD、HKD、NZD、CAD、PLN、CHF、AED、SEK、SAR、CZK、ZAR、MXN、ILS、MYR、THB、TRY
What does Book an FX trade mean on the portal?
Book an FX trade is to lock in your rate at the point of booking and settle funds at a later stage.
When you book an FX trade, you’ll be contractually obliged to settle this trade, so you’ll need time to ensure you hold a sufficient balance on your World Account on your desired settlement date. This is to avoid any cancellations and subsequent fees.