A spot currency transaction is a sell and buy between two currencies with a value date of T (trade date), T+1 (first business day after the trade date) or T+2 (2nd working day after the trade date).

The value date of the transaction is also the date of financial settlement.

If your company has a Global Markets framework agreement, you have the option to request a unique exchange rate

• by phone from €50,000,
• on the online trading platform (OTP Trader) from €10,000.

OTP Trader - online foreign exchange trading platform

On the online trading platform (OTP Trader), you can request a unique exchange rate from €10,000 for a value date of T (trade date), T+1 (first working day after the trade date) or T+2 (2nd working day after the trade date). Trades can be made on bank business days from 9:00 am to 4:00 pm for value date T, from 9:00 am to 5:00 pm for value date T+1 or T+2.

Benefits

• real-time exchange rates
• fast access via the Internet
• easy operation, user-friendly interface
• simple, instant deal-making
  
  • from €10,000 you can enter any amount
• instant confirmation on the OTP Trader interface
  
  • store archive deals
• instant settlement of transactions

If you have an OTP Global Markets framework agreement, you can access the service here.

What do you need to be able to use OTP Trader?

• a valid Global Markets framework agreement for the service
• foreign exchange accounts opened in the currencies to be traded
  
  

Experts

If you have any questions, feel free to contact us.

Useful documents

These documents in English language to the person concerned shall be for information purposes only. OTP Bank Plc shall fulfil its obligations imposed by the legal regulations or requirement of supervisory authority by the documents in Hungarian language.
In the event of any discrepancy between the English language and Hungarian language versions, the Hungarian language version shall prevail.

Information on the suspension of the market making obligation (available only in Hungarian)