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Is there a fee if a transaction is cancelled or modified?
No. However, a monetary adjustment (debit or credit) will be made to account for the fair market value of the contract. The new deferred contract rate will reflect this adjustment.
In the case of a debit, the new rate will be better than the original
rate. In the case of a credit the new rate will be worse than the
original rate.
If you have any questions, contact your foreign exchange trader 1-844-990-5655.
Related questions
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What is a currency swap? Are you familiar with currency swaps? Learn more about this feature (or reciprocal credit agreements) and how to use them. -
How do I customize my main currency pairs? Not sure how to customize main currency pairs in the new foreign exchange platform? You can learn about the different steps here. -
In what types of situations should I talk to my trader Did you know there exists different situations where it is pertinent to consult your foreign exchange trader? Discover the different scenarios. -
How do I correct an error in a foreign exchange transaction? Did you notice an error in a foreign exchange transaction? Discover the tips on how you can resolve this issue from the online platform. -
How can I use a booked transaction to make a trade? You can use an already booked foreign exchange transaction to make a trade from your Internet Banking Solutions for Busineses.
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