FORWARD CONTRACT
This is a form of hedging against moving exchange rates, a forward contract allows you to fix your rates allowing you to navigate even the most volatile currency markets.
A currency forward is a binding contract in the foreign exchange market that locks in the exchange rate for the purchase or sale of a currency on a future date. A currency forward is essentially a customisable hedging tool that does not involve an upfront margin payment. The other major benefit of a currency forward is that its terms are not standardized and can be tailored to a particular amount and for any maturity or delivery period.
Our knowledgeable FX staff are able to provide you with the best type of forward contract for your business.
YOUR FORWARD CONTRACT TIMELINE
Simplicity is Key
Discuss
1
You and one of our Dedicated FX Experts will discuss your Forward Contract Needs based on the frequency and volume of your transactions. Based on this our team of experts will map out the best options for your business.
Review
2
You will be able to review our proposed options on your own or with help from one of specialists. These will be made special for you in order to fit your risk profiles.
Approve
3
Once you are happy with our proposed solution your personal account manger will finalise any last detail for you and then you are all set.
Execute
4
We will execute your bespoke plan in order to bring the biggest amount of benefit to your business.
We will then keep you updated with regular market insights and opportunities for your business.
WHY CHOSE FORWARD CONTRACTS
Fixed Rates - Once you have agreed a rate with us that rate will be fixed for the duration of the Forward Contract. This means you can be sure that market volatility will not effect your margins.
Planning Ahead - With a forward contract you are able to know and forecast your FX expenses with 100% certainty.
Flexibility and Control - We are able to offer long or short term forwards through our partners Ebury. These can also be offered with flexible credit terms to provide the most benefit to you and your business.