Each spot foreign exchange transaction executed and cleared by IFSCL is basis the standard two day value date confirmation. Upon reaching the value date, each transaction is rolled over to the next value date, unless the client wishes to take delivery of the actual currency. When a currency pair is rolled over to the next value date, there is either a cost or a credit to such a transaction. As a primary market maker in the foreign exchange market, IFSCL is able to provide its clients with the most advantageous rates. If you require an in depth explanation of the rollover process, please contact your IFSCL representative.