Fix your rate today to use tomorrow
With a forward contract you can fix an exchange rate for up to two years in advance, taking back the control.
Want to capitalise on a rate today for transfers in the future or lock in a budget rate for future transactions?
A forward contract will allow you to fix a rate for up to two years, based on the interbank exchange rate at the time of booking – this gives you a guaranteed rate at which to transfer time and again. You might need to pay an initial deposit, then the balance will be due at the end of the contract. If the rates move against you, you may need to top up the deposit to keep the position in place.
Your currency specialist will explain and discuss this with you before you book your forward.
Real ambition doesn’t stop. Neither do the markets. That’s why we offer live foreign exchange tools to keep you moving forward. If you have a transaction or a series of transactions planned for the future, or you simply want to lock a rate at its current level, a forward contract could be for you. You can lock in a rate as far forward as two years, providing your company with the certainty on your future currency transfers.
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