Please be aware that when making FX conversions, the earlier of the two cut off times will prevail. Let’s say you want to buy Australian Dollars (AUD) with UK Sterling (GBP). AUD has a cut off of 8:00am, while GBP has a cut off of 9:20am. Since AUD has an earlier cut-off-time, this trade cut-off-time for converting same day will be 8:00am. If you miss the cut off, the conversion would settle next business day.
Some currencies might come with specific restrictions; please connect with your Relationship Manager if you are unsure of the payment criteria for the countries you are paying.
Trading time begins on Sunday 5:02PM ET and closes Friday 5:00PM ET. In addition, there is a 90 second daily downtime from 5:00pm ET.
Forward trades are permitted on all payment currencies except INR, IDR, MYR, PHP.
* These are not approved jurisdictions and therefore payments cannot be received from these countries in any currency.