Product Definition

　　Spot foreign exchange settlement and sales (T+0) refers to the service offered by Harbin Bank, wherein the bank processes currency exchanges between RMB and foreign currencies on the same business day, following customer authorization.

　　Product Features

　　1. Product Functions

　　Spot foreign exchange settlement and sales service meets the customer's need for conversion between foreign currencies and RMB, providing value preservation and risk avoidance. Spot foreign exchange settlement and sales must adhere to national foreign exchange regulatory policies and be grounded in a legitimate economic background.

　　2. Transaction Currencies

　　USD, HKD, EUR, JPY, RUB, and other currencies.

　　3. Transaction Period

　　The settlement date for spot foreign exchange settlement and sales (T+0) is the same business day.

　　4. Client Scope

　　Domestic institutions that are eligible to conduct foreign exchange settlement and sales business in accordance with the national foreign exchange administration policies.

　　Processing Procedure

　　1. Account Opening: You need to open corresponding foreign exchange and RMB accounts at Harbin Bank.

　　2. Authorization Review: Unless otherwise specified, you are required to submit a foreign exchange settlement or sale authorization letter to Harbin Bank. The service will be reviewed to ensure adherence to national foreign exchange administration regulations and Harbin Bank's risk management policies.

　　3. Transaction Processing: Upon the successful completion of a transaction, Harbin Bank will issue a transaction confirmation letter.