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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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Order via the U.S. Bank Mobile App: Download the app if you havent already and log in to your account. Open the main menu and select Help services. Select Order foreign currency under Popular topics.
Spot foreign exchange purchase means that designated foreign exchange banks buy foreign exchange from enterprises and institutions or individuals at exchange rates in purchase and sale of foreign exchange markets on the very day, and pay corresponding RMB.
Sell rate This is the rate at which we sell foreign currency in exchange for local currency. For example, if you were heading to Europe, you would exchange Australian dollars for euros at the sell rate. Buy rate This is the rate at which we buy foreign currency back from you into your local currency.
Yes, forex trading is real, and many successful professional traders make a lot of money on a consistent basis. Anyone can do the same thing. But keep in mind that establishing a successful trading career takes a significant amount of time and effort.
Typically you can access the currency exchange webpage through your banks website or mobile app, or by phone. From there, you usually enter the currency you need, add the desired amount, select the pickup method and place your order.
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People also ask

Currency pair: Every Forex transaction is an exchange of one currency for another. A currency pair quote looks like this: USD/GBP = $1.15. In this example, the U.S. dollar is the base currency, and the British pound is the quote currency. A trader who wishes to buy British pounds will pay $1.15 for each.
Forex trading, also known as foreign exchange or FX trading, is the conversion of one currency into another. FX is one of the most actively traded markets in the world, with individuals, companies and banks carrying out around $6.6 trillion worth of forex transactions every single day.
A Foreign exchange market is a market in which currencies are bought and sold. It is to be distinguished from a financial market where currencies are borrowed and lent.