FX timelines

Our foreign exchange (FX) schedules tell you everything you need to know to make your conversion on time. Please be aware that when you are making FX settlements, the longest duration will be used for the pairing. For more details, read our explanation of FX timelines.

Currency (ISO) Duration (Settlement) Cut off times (GMT) Guides
Banner ImageAustralian Dollar (AUD) 1 Day 1:00 am
Banner Image Bahrain Dinar (BHD) 1 Day 1:00 am
Banner Image Bulgarian Lev (BGN) 0 Day 15.00 PM GMT +1
Banner Image Canadian Dollar (CAD) 0 Days 1:00 am
Banner Image Chinese Yuan (CNY) 1 Day 8.00 AM GMT +1
Banner Image Croatian Kuna (HRK) 0 Day 15.00 PM GMT +1
Banner Image Czech Koruna (CZK) 0 Days 8.00 AM GMT +1
Banner Image Danish Krone (DKK) 0 Days 9.30 AM GMT +1
Banner Image Euro  (EUR) 0 Days 13.50 PM GMT +1
Banner Image HongKong Dollar  (HKD) 1 Day 13.00 PM GMT +1
Banner Image Hungarian Forint  (HUF) 0 Days 8.00 AM GMT +1
Banner Image Indian Rupee (INR) - 16.30 PM GMT +1
Banner Image Indonesian Rupiah (IDR) - 16.30 PM GMT +1
Banner Image Israeli Shekel  (ILS) 1 Day 13.00 PM GMT +1
Banner Image Japanese Yen  (JPY) 1 Day 13.00 PM GMT +1
Banner Image Kenyan Shilling  (KES) 1 Day 13.00 PM GMT +1
Banner Image Kuwait Dinar  (KWD) 1 Day 13.00 PM GMT +1
Banner Image Malaysian Ringgit (MYR) - 16.30 PM GMT +1
Banner Image Mexican Peso  (MXN) 0 Days 8.00 AM GMT +1
Banner Image New Zealand Dollar  (NZD) 1 Day 13.00 PM GMT +1
Banner Image Norwegian Krone  (NOK) 0 Days 9.30 AM GMT +1
Banner Image Omani Rial  (OMR) 1 Day 13.00 PM GMT +1
Banner Image Philippine Peso (PHP) - 16.30 PM GMT +1
Banner Image Polish Zloty  (PLN) 0 Days 8.30 AM GMT +1
Banner Image Qatar Rial  (QAR) 1 Day 13.00 PM GMT +1
Banner Image Romanian Leu  (RON) 0 Days 8.30 AM GMT +1
Banner Image Russian Ruble (RUR) - 8.30 AM GMT +1
Banner Image Saudi Riyal  (SAR) 1 Day 13.00 PM GMT +1
Banner Image Singapore Dollar  (SGD) 1 Day 13.00 PM GMT +1
Banner Image South African Rand  (ZAR) 0 Days 9.30 AM GMT +1
Banner Image Swedish Krona  (SEK) 0 Days 9.30 AM GMT +1
Banner Image Swiss franc  (CHF) 0 Days 9.30 AM GMT +1
Banner Image Thai Baht (THB) 1 Day 8.30 AM GMT +1
Banner Image Turkish Lira (TRY) 0 Days 8.30 AM GMT +1
Banner Image Ugandan Shilling (UGX) 1 Day 8.00 AM GMT +1
Banner Image UK Sterling (GBP) 0 Days 2:20 am
Banner Image United Arab Emirates Dirham (AED) 1 Day 13.00 PM GMT +1
Banner Image US Dollar (USD) 0 Days 15.50 PM GMT +1

Financial Terminology

0 Dayss = T+0 (TOD, or same day)

1 Days = T+1 (TOM, or next day)

2 Days = T+2 (Spot)

3 Days = T+3 (Spot + 1)

Cut off times = These are the times funds must be received and cleared by Excel Currencies in order to honor your instruction.
Guides = These are associated resources available on Excel Currencies:
Currency pairs:currencies available pairs, e.g. GBP to USD
Payment guides: guidance on how to make a payment in the associated currency

FX settlement timeline explanation

Let’s say you want to buy Australian Dollars (AUD) with UK Sterling (GBP). Australian Dollars (AUD) has a settlement time of 1 day, while UK Sterling (GBP) has a settlement time of 0 days.

Your AUD will only be available after the 1 day settlement time frame. Funding must therefore be received before the cut off time, one day prior to the desired delivery date.

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