Market Information

FX Rates

 

What is Forex?

Forex or Foreign Exchange is the conversion of one country’s currency into that of another. Displayed here are the Foreign Exchange Rates – the rates at which one currency will be exchanged for another.

Can I manage Forex transactions online?

You can manage dollar-to-peso transactions online through the Security Bank Secured Platform for Online Trade (SB Spot). It’s a platform that allows you to make 24/7 foreign exchange transactions online, in real time, on any day of the week—even on weekends and holidays. To access the SB Spot platform, you need:

  • A Security Bank Online account
  • Enrolled and active USD and PHP accounts in SBOL
  • Maintaining balance of $500.00
  • Other documentary requirements

Where can I deposit my foreign currency?

Our Third Currency accounts are non-interest bearing savings accounts that keep your currency safe and secure. They can be opened using the following legal tenders:

  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Singapore Dollar (SGD)
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Chinese Yuan (CNY/RMB)
  • Japanese Yen (JPY)
  • British Pound (GBP)

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