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Forex Spot Question

rajeev224
Explorer
0 Kudos

Hi Experts,

Our client has Bank account in INR and USD. They want to do spot contract to buy AUD (Or any other currency ) and sell INR.

I would like to know do we need to have Bank account in every currency to buy via SPOT transaction ?

Product type 60A

Transaction type: 101

In the above case when I buy AUD and Sell INR what should I input in the Payment details

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