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 (Conversion Length) Trading cut off times (GMT+1) Guides
Australian Dollar (AUD) 1 day 1:00 pm  
Bahrain Dinar (BHD) 1 day 1:00 pm  
Bulgarian Lev (BGN) 1 day 3:30 pm  
Canadian Dollar (CAD) 0 days 1:00 pm  
Chinese Yuan (CNY) 1 day 8:00 am  
Croatian Kuna (HRK) 1 day 3:00 pm  
Czech Koruna (CZK) 0 days 8:00 am  
Danish Krone (DKK) 0 days 9:30 am  
Euro (EUR) 0 days 1:50 pm  
HongKong Dollar (HKD) 1 day 1:00 pm  
Hungarian Forint (HUF) 0 days 8:00 am  
Indian Rupee (INR)* 1 Day 2:00-4:30 pm  
Japanese Yen (JPY) 1 day 1:00 pm  
Kenyan Shilling (KES) 1 day 1:00 pm  
Kuwait Dinar (KWD) 1 day 1:00 pm  
Mexican Peso (MXN) 0 days 8:00 am  
Israeli Shekel (ILS) 1 day 1:00 pm  
New Zealand Dollar (NZD) 1 day 1:00 pm  
Norwegian Krone (NOK) 0 days 9:30 am  
Omani Rial (OMR) 1 day 1:00 pm  
Polish Zloty (PLN) 0 days 8:30 am  
Qatar Rial (QAR) 1 day 1:00 pm  
Romanian Leu (RON)
0 days
8:00 am  
Russian Ruble(RUB)** 0 days 8:00 am  
Saudi Riyal (SAR) 1 day 1:00 pm  
Singapore Dollar (SGD) 1 day 1:00 pm  
South African Rand (ZAR) 0 days 9:30 am  
Swedish Krona (SEK) 0 days 9:30 am  
Swiss franc (CHF) 0 days 9:30 am  
Thai Baht (THB) 1 day 8:00 am  
Turkish Lira (TRY) 0 days 8:30 am  
Ugandan Shilling (UGX) 1 day 8:00 am  
UK Sterling (GBP) 0 days 2:20 pm  
United Arab Emirates Dirham  (AED) 1 day 1:00 pm  
US Dollar (USD) 0 days 3:50 pm  
Currency (ISO) Duration (Conversion Length) Cut off times (EST) Guides
Australian Dollar (AUD) 1 day 8:00 am  
Bahrain Dinar (BHD) 1 day 8:00 am  
Bulgarian Lev (BGN) 1 day 10:30 am  
Canadian Dollar (CAD) 0 days 8:00 am  
Chinese Yuan (CNY) 1 day 3:00 am  
Croatian Kuna (HRK) 1 day 10:00 am  
Czech Koruna (CZK) 0 days 3:00 am  
Danish Krone (DKK) 0 days 4:30 am  
Euro (EUR) 0 days 8:50 am  
HongKong Dollar (HKD) 1 day 8:00 am  
Hungarian Forint (HUF) 0 days 3:00 am  
Indian Rupee (INR)* 1 day 9:00-11:30 am  
Japanese Yen (JPY) 1 day 8:00 am  
Kenyan Shilling (KES) 1 day 8:00 am  
Kuwait Dinar (KWD) 1 day 8:00 am  
Mexican Peso (MXN) 0 days 3:00 am  
Israeli Shekel (ILS) 1 day 8:00 am  
New Zealand Dollar (NZD) 1 day 8:00 am  
Norwegian Krone (NOK) 0 days 4:30 am  
Omani Rial (OMR) 1 day 8:00 am  
Polish Zloty (PLN) 0 days 3:30 am  
Qatar Rial (QAR) 1 day 8:00 am  
Romanian Leu (RON) 0 days 3:00 am  
Russian Ruble (RUB)* 0 days 3:00 am  
Saudi Riyal (SAR) 1 day 8:00 am  
Singapore Dollar (SGD) 1 day 8:00 am  
South African Rand (ZAR) 0 days 4:30 am  
Swedish Krona (SEK) 0 days 4:30 am  
Swiss franc (CHF) 0 days 4:30 am  
Thai Baht (THB) 1 day 3:00 am  
Turkish Lira (TRY) 0 days 3:30 am  
Ugandan Shilling (UGX) 1 day 3:00 am  
UK Sterling (GBP)  0 days 9:20 am  
United Arab Emirates Dirham  (AED) 1 day 8:00 am  
US Dollar (USD) 0 days 10:50 am  

*Cut-off times for INR vary by the Sell currency. Check INR Payment Guide for details

**Currencycloud supports RUB as a sell currency only. You can not convert any other currency into RUB for payments.

Financial Terminology

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

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

2 days = T+2 (Spot)

3 days = T+3 (Spot + 1)

Cut off times = These are the times conversions must be completed by in order for Currencycloud to honor your instruction.

Guides = These are associated resources available on Currencycloud:

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.