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FX 

An FX spot consists in buying one currency against selling another currency at an agreed price for settlement on a specific date.  

This service allows using sums of one currency to fund charges in another currency without taking the risk of changes in the exchange rate.

The bank offers foreign exchange services in major currencies and GCC currencies both for remittances and for purchase and sale of currency notes.

On a selective basis, the bank offers Forward Foreign currency sales to customers who have a genuine need for imports in USD, GBP, EUR and JPY. 

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