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One of the most common foreign exchange transactions for private customers is the transfer of money abroad to a country that has a foreign currency. There is also the occasional need to hedge larger foreign currency debts.

This may be the case if, for example, the maintenance of a vacation home located in a country with a foreign currency has to be paid and this has to be handled by a local bank in foreign currency.

Foreign exchange business also plays a role for private customers in securities settlement in foreign currencies. For example, if these generate income in foreign currencies and are then repaid in foreign currency. Here then the bank or the credit institute executes the appropriate foreign exchange. This also applies to foreign currency checks. Certificates can also be linked to the development of exchange rates.

However, foreign exchange transactions are carried out by those private investors who do so in the form of forex trading. However, there is no direct access to interbank trading and currency futures for the retail investor, as the volumes traded there are simply too large. This is where the so-called "Forex brokers" come into play, who then also give the private investor access to the foreign exchange market.