#1
June 7th, 2016, 03:16 PM
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Sbi fx ?
Hello sir I want to know about SBI FX so here can you please give me its basic information related to the product ?
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#2
June 7th, 2016, 03:59 PM
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Re: Sbi fx ?
Hey as per your demand here I am providing you details of SBI FX About bank State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra About SBI FX SBI FX TRADE is an online platform offered by State Bank of India to its customers to trade in the exchange traded Currency Futures. SBI offers its clients the opportunity to trade in four currency pairs namely; USD/INR, EURO/INR, GBP/INR and JPY/INR as permitted by Regulatory authorities SEBI & RBI Features of SBI FX Trade Provision for lien marking. The money continues to remain in the customer's account until the deal is done, thus earning him interest. Secure and Robust online platform. Product from India's most trusted and transparent Bank. Competitive brokerage rates. Integrated platform of Bank Account and Online Trading Account. Benefits of SBI FX Submitting proof of underlying is not a precondition Since, no actual delivery of foreign currency is involved, clients may hedge their indirect currency risks Transparent & Efficient price discovery Ease of trade No paperwork required at branch level unlike forward contracts |
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