If you need protection from FX currency markets, Forward Contracts could be the perfect solution. You are able to lock in an exchange rate for the purchase of currency at a future date, or over a range of dates, up to a maximum of 12 months. Forward Contracts help protect your business against the risk of market fluctuations, without having to commit cash flow to buying currency in advance. A refundable 10% deposit may be required to set up a Forward Contract, depending on a number of factors surrounding the risk of the Forward requirement.
Manage the markets
Instead of letting the markets determine your financial future, our Relationship Managers can help you manage the markets. Forward Contracts, in the right hands, can provide you with the certainty and protection you need.
Although many businesses prefer to buy most of their foreign currency using Forward Contracts, it is always worth discussing the full range of FX solutions with our Relationship Manager – working together, we can then create the perfect strategy for your business.
Prefer to talk?
If you would prefer to talk through Forward Contracts with a member of our team, please get in touch.