Foreign Exchange Transaction definition
Foreign Exchange Transaction means the purchase of one currency in exchange for the sale of another currency on a spot basis;
Foreign Exchange Transaction means a Spot Transaction, Forward Transaction or Foreign Exchange Swap.
Foreign Exchange Transaction means a transaction involving FX (irrespective of whether it falls under the definition of “leveraged foreign exchange trading” as defined under Schedule 5 of the SFO);
Examples of Foreign Exchange Transaction in a sentence
The COMPANY authorizes the BANK to generate the BPI Foreign Exchange Transaction Form (BPI FXTF), which shall contain all information provided by the COMPANY, as may be required in the said BSP ATPFX.
More Definitions of Foreign Exchange Transaction
Foreign Exchange Transaction means a transaction in which one party agrees to deliver a quantity of a specified money or unit of account in consideration of the other party's agreement to deliver another quantity of a different money or unit of account either currently or at a future date, and in which delivery is to be through funds transfer, book entry accounting, or other form of payment order, or other agreed means to transfer a credit balance. The term includes a transaction of this type involving two or more moneys and spot, forward, option, or other products derived from underlying moneys and any combination of these transactions. The term does not include a transaction involving two or more moneys in which one or both of the parties is obligated to make physical delivery, at the time of contracting or in the future, of banknotes, coins, or other form of legal tender or specie.
Foreign Exchange Transaction means the acts of purchase and sale of foreign exchange or the acts of borrowing, giving credits, and of accepting or providing foreign exchange in any manner whatsoever, and this expression also includes the act of granting approval for foreign exchange by the Bank.
Foreign Exchange Transaction or “FX Transaction” means a transaction providing for the purchase of an agreed amount in one currency by one party to such transaction in exchange for the sale by it of an agreed amount in another currency to the other party to such transaction. A FX Transaction includes both a Deliverable FX Transaction and a Non-deliverable FX Transaction.
Foreign Exchange Transaction means any transaction by which a currency is exchanged, converted or traded for another or in which negotiable bills are drawn in one country to be paid in another country.
Foreign Exchange Transaction or “FX Contract” means a contract for the exchange of one currency for another at an agreed Exchange Rate on an agreed date.
Foreign Exchange Transaction means any spot or forward contract for purchase or sale of any foreign currency placed by Borrower for itself or any Guarantor with the International Division of Lender.
Foreign Exchange Transaction means a transaction by which different currencies are exchanged.