Home >  Term: conversion time
conversion time

The time at which the conversion rate is applied to a transaction. If the conversion type is a fixed rate, the conversion time should always be the time at which the order was accepted for fulfillment. If the conversion type is a spot rate, the conversion time is when the bank performs the conversion.

0 0

Looja

  • Romain
  •  (V.I.P) 17515 points
  • 44.44% positive feedback
© 2024 CSOFT International, Ltd.