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foreign exchange service

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foreign exchange service
A telephone service that provides a local telephone number to a location outside of the customer's calling area. The telephone company creates a private line between the local telephone central office and the remote central office (foreign exchange). When customers dial the local number, they get a dial tone in the foreign exchange.


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The extension applies to AED, SAR, KWD, BHD, QAR and OMR currencies on Standard Chartered's proprietary Request for Quote foreign exchange service, On-line Treasury (OLT3), and FX all platforms.
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