Spot FX Transactions
Convert currencies instantly at competitive market rates with same-day settlement through CurrencyMate's Spot FX service. Ideal for Canadian businesses paying suppliers or converting foreign revenue.
Why Choose CurrencyMate for Spot FX
- Competitive exchange rates — significantly better than bank rates
- Same-day or next business day settlement
- 50+ currencies supported including USD, EUR, GBP, AUD
- Dedicated FX specialist for every trade
- Transparent pricing with no hidden fees
When to Use Spot vs Forward
Use Spot FX when you need to convert currency immediately. If your payment is due in the future, consider a Forward Contract to lock in today's rate.
FAQ
Can individuals use Spot FX services?
Yes, CurrencyMate serves both businesses and individuals for Spot FX transactions.
How quickly do funds settle?
Most Spot Transactions settle same-day or next business day, depending on the currency pair and time of execution.
What currencies are supported?
CurrencyMate supports 50+ currencies for Spot Transactions, including all major and many emerging market currencies.