{"id":13961,"date":"2023-10-13T10:32:51","date_gmt":"2023-10-13T10:32:51","guid":{"rendered":"https:\/\/www.worldfirst.com\/uk\/?page_id=13961"},"modified":"2024-05-30T06:05:01","modified_gmt":"2024-05-30T06:05:01","slug":"forward-contracts","status":"publish","type":"page","link":"https:\/\/www.worldfirst.com\/uk\/forward-contracts\/","title":{"rendered":"Forward Contracts"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"13961\" class=\"elementor elementor-13961\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b95da8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b95da8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-238c7c0 heading-title\" data-id=\"238c7c0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e99b214 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e99b214\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-42653d1\" data-id=\"42653d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-78d167a highlighted_heading white_text  elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"78d167a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Fix your rate and future proof your plans with a forward contract<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54c1fcd wf-body01-font elementor-widget elementor-widget-text-editor\" data-id=\"54c1fcd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\tLock in an exchange rate that suits your business needs, protecting budgets from currency fluctuations and helping to reduce risk.\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eea9b11 elementor-widget elementor-widget-image\" data-id=\"eea9b11\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1537\" height=\"425\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_21_uk_forward_contract.png\" class=\"attachment-full size-full wp-image-25479\" alt=\"\" srcset=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_21_uk_forward_contract.png 1537w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_21_uk_forward_contract-300x83.png 300w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_21_uk_forward_contract-1024x283.png 1024w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_21_uk_forward_contract-768x212.png 768w\" sizes=\"(max-width: 1537px) 100vw, 1537px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b6fb6fc elementor-section-content-middle elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b6fb6fc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-79cedea\" data-id=\"79cedea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-140eb55 elementor-widget elementor-widget-heading\" data-id=\"140eb55\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What\u2019s a forward contract?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bd3808 elementor-widget elementor-widget-text-editor\" data-id=\"2bd3808\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A forward contract lets you secure an exchange rate over a set period of time on a predetermined volume of currency.<\/p><p>You can enter into a forward contract with us to help pay for identifiable goods, services or direct investment (making a capital investment in an enterprise to obtain a lasting interest in it).<\/p><p>You\u2019ll be able to lock in an exchange rate for up to 24 months.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a191ef3\" data-id=\"a191ef3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5175e1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5175e1b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0f6ffff\" data-id=\"0f6ffff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fb5e5d4 elementor-widget elementor-widget-image\" data-id=\"fb5e5d4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"660\" height=\"390\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_22_uk_what_is_forward_contract.png\" class=\"attachment-large size-large wp-image-25480\" alt=\"\" srcset=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_22_uk_what_is_forward_contract.png 660w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/12\/asset_22_uk_what_is_forward_contract-300x177.png 300w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bb033f4 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"bb033f4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a26388 heading-title\" data-id=\"2a26388\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e5548ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5548ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-35479ff\" data-id=\"35479ff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7885835 brands-partners elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"7885835\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why hedge using a forward contract?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3060e8f elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"3060e8f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"x-row e1149-e17 mvx-3 mvx-4 mvx-5 mvx-6 mvx-7 mvx-8 mvx-9 mvx-f mvx-k mvx-q\"><div class=\"x-row-inner\"><div class=\"x-col e1149-e18 mvx-12 mvx-14 mvx-16 mvx-18 mvx-19\"><div class=\"x-text x-content e1149-e20 mvx-1h mvx-1i mvx-1j mvx-1p mvx-1q mvx-1s mvx-1t mvx-1y mvx-1z\"><p>Locking in an exchange rate with a forward contract means you know exactly what exchange rate you\u2019re getting, for a set time. This helps you predict cash flow so you can be smarter, more accurate and more competitive with your forward planning.<\/p><\/div><\/div><\/div><\/div><div class=\"x-row e1149-e21 mvx-3 mvx-4 mvx-5 mvx-6 mvx-7 mvx-8 mvx-9 mvx-f mvx-k mvx-r\"><div class=\"x-row-inner\"><div class=\"x-col e1149-e22 mvx-12 mvx-14 mvx-16 mvx-18 mvx-19\"><div class=\"x-text x-content e1149-e23 mvx-1h mvx-1i mvx-1j mvx-1k mvx-1n mvx-1w mvx-1x mvx-1y mvx-20\"><h3>What can happen if I don&#8217;t hedge?<\/h3><\/div><div class=\"x-text x-content e1149-e24 mvx-1h mvx-1i mvx-1p mvx-1q mvx-1s mvx-1t mvx-1y mvx-1z mvx-21\"><p>Without locking in a fixed rate (also known as hedging), the market could move against you, leading to losses for your business and resulting in increased prices for your products and services.<\/p><\/div><\/div><\/div><\/div><div class=\"x-row e1149-e25 mvx-3 mvx-4 mvx-5 mvx-7 mvx-8 mvx-9 mvx-f mvx-g mvx-k mvx-s\"><div class=\"x-row-inner\"><div class=\"x-col e1149-e26 mvx-12 mvx-14 mvx-16 mvx-18 mvx-19\"><div class=\"x-text x-content e1149-e27 mvx-1h mvx-1i mvx-1j mvx-1k mvx-1n mvx-1w mvx-1x mvx-1y mvx-20\"><h3>Five things to consider when hedging<\/h3><\/div><div class=\"x-text x-content e1149-e28 mvx-1i mvx-1p mvx-1q mvx-1y mvx-1z mvx-21 mvx-22\"><ol><li><p>During a forward contract, if the market rates move against you, you won\u2019t lose out because your rate is secured. But if rates move significantly against you, you may need to pay a <a href=\"\/uk\/help-support\/margin-call-explained-business\/\" rel=\"noopener\">margin call<\/a><\/p><\/li><li><p>You won\u2019t benefit if a currency moves in your favour during your forward contract, though you may be able to take advantage of market movement with a\u00a0<a href=\"\/uk\/spot-contracts\/\" rel=\"noopener\">spot contract<\/a><\/p><\/li><li>You must consider your risk appetite and evaluate your budget when pre-booking foreign currency. It may be worthwhile considering other strategies if you\u2019re unsure of your requirements<\/li><li><p>You can enter a forward contract exchange with WorldFirst in order to pay an upcoming invoice in a foreign currency, or in preparation of an upcoming purchase in a foreign currency, but wouldn&#8217;t be able to trade forwards for speculative purposes.<\/p><\/li><li>There\u2019s an initial deposit requirement associated with forward contracts ranging from three to 10 per cent depending on the length of your contract. Please reach out to our team who can look to see whether you\u2019re eligible for a credit facility to help cover this<\/li><\/ol><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c8084d elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"1c8084d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d0b60e7 heading-title\" data-id=\"d0b60e7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a5d1e6d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a5d1e6d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2c7b1cb\" data-id=\"2c7b1cb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-821df61 brands-partners elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget elementor-widget-heading\" data-id=\"821df61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How do forward contracts work at WorldFirst?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d453a8f elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"d453a8f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"x-text x-content e1149-e34 mvx-1h mvx-1i mvx-1j mvx-1p mvx-1q mvx-1s mvx-1t mvx-1y mvx-1z\"><p>Forward contracts help protect businesses against currency fluctuations without having to buy currency upfront at the live rate. You\u2019ll have a fixed rate, taking away uncertainties.<\/p><p>The spot price is the current market price at which a currency pair is bought or sold for immediate payment and delivery.<\/p><\/div><div class=\"x-text x-content e1149-e35 mvx-1h mvx-1i mvx-1j mvx-1p mvx-1q mvx-1s mvx-1t mvx-1y mvx-1z\"><h3>Types of forward contracts<\/h3><\/div><div class=\"x-text x-content e1149-e36 mvx-1h mvx-1i mvx-1j mvx-1p mvx-1q mvx-1s mvx-1t mvx-1y mvx-1z\"><p>The main types of forward contracts we offer are fixed, window and flexible forward contracts. These are outlined below:<\/p><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f4d67c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f4d67c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-fca762b\" data-id=\"fca762b\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e6b7b7 elementor-widget elementor-widget-image\" data-id=\"0e6b7b7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187900-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-image-19196\" alt=\"\" srcset=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187900-150x150.png 150w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187900.png 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25d6d5a elementor-widget elementor-widget-heading\" data-id=\"25d6d5a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Fixed forward contracts<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c76373d elementor-widget elementor-widget-text-editor\" data-id=\"c76373d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Buy or sell an exchange on an agreed amount for a particular value date in the future \u2013 known as the value date or maturity date.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-0f91a1c\" data-id=\"0f91a1c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bdaf173 elementor-widget elementor-widget-image\" data-id=\"bdaf173\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187899-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-image-19195\" alt=\"\" srcset=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187899-150x150.png 150w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187899.png 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddbe3cd elementor-widget elementor-widget-heading\" data-id=\"ddbe3cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Flexible forward contracts<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0cdadcd elementor-widget elementor-widget-text-editor\" data-id=\"0cdadcd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Draw down funds in one go or make multiple payments over the course of your contract, ensuring the total agreed amount is settled by the value date or maturity date.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-3794bb1\" data-id=\"3794bb1\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ce7fd5 elementor-widget elementor-widget-image\" data-id=\"2ce7fd5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187896-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-image-19192\" alt=\"\" srcset=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187896-150x150.png 150w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/10\/Frame-187896.png 200w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f1a74e elementor-widget elementor-widget-heading\" data-id=\"6f1a74e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">\nWindow forward contracts<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bb4605 elementor-widget elementor-widget-text-editor\" data-id=\"6bb4605\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Buy specific amounts of foreign currency within a range of settlement dates \u2013 known as windows \u2013 at predetermined rates. The windows can be used to offer more flexibility in securing currency rates than outright forward contracts.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-062f90b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"062f90b\" data-element_type=\"section\" id=\"howtobook\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-12d720c\" data-id=\"12d720c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cdad03b elementor-widget elementor-widget-heading\" data-id=\"cdad03b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to book a forward contract<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f6d9738 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f6d9738\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-15eafdf\" data-id=\"15eafdf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-073343c underline-remove-from-hyperlink elementor-widget elementor-widget-accordion\" data-id=\"073343c\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-accordion{text-align:start}.elementor-accordion .elementor-accordion-item{border:1px solid #d5d8dc}.elementor-accordion .elementor-accordion-item+.elementor-accordion-item{border-top:none}.elementor-accordion .elementor-tab-title{margin:0;padding:15px 20px;font-weight:700;line-height:1;cursor:pointer;outline:none}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{display:inline-block;width:1.5em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon svg{width:1em;height:1em}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-right{float:right;text-align:right}.elementor-accordion .elementor-tab-title .elementor-accordion-icon.elementor-accordion-icon-left{float:left;text-align:left}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-closed{display:block}.elementor-accordion .elementor-tab-title .elementor-accordion-icon .elementor-accordion-icon-opened,.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-closed{display:none}.elementor-accordion .elementor-tab-title.elementor-active .elementor-accordion-icon-opened{display:block}.elementor-accordion .elementor-tab-content{display:none;padding:15px 20px;border-top:1px solid #d5d8dc}@media (max-width:767px){.elementor-accordion .elementor-tab-title{padding:12px 15px}.elementor-accordion .elementor-tab-title .elementor-accordion-icon{width:1.2em}.elementor-accordion .elementor-tab-content{padding:7px 15px}}.e-con-inner>.elementor-widget-accordion,.e-con>.elementor-widget-accordion{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-7551\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-7551\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">If you're a new customer with WorldFirst<\/a>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\t<div id=\"elementor-tab-content-7551\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-7551\"><p>You can find out more about what you need, from hedging strategies to currencies involved and length and rate of contracts by calling our team on <strong>020 83918 7826<\/strong> (local call rates and charges apply).<\/p><p>We\u2019ll clearly cover the below terms to ensure you\u2019re comfortable with the conditions of the forward.<\/p><p>These terms include:<\/p><ul><li>The currencies involved<\/li><li>The rate of the contract<\/li><li>Tenure (length of the contract<\/li><li>Determining whether you require a fixed, flexible, or window forward<\/li><li>Explaining deposit\/initial margin requirements, in case a credit facility is needed<\/li><li>Understanding if you\u2019ll be using this (forward bought) currency for buying or selling goods or services, or for direct investment<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h4 id=\"elementor-tab-title-7552\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-7552\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">If you're an existing WorldFirst customer<\/a>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\t<div id=\"elementor-tab-content-7552\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-7552\"><p>You can easily book fixed forward contracts online and window and flexible forward contracts by calling <strong>+44207 3269120 <\/strong>and speaking to one of our team (local call rates and charges apply).<\/p><p>For fixed forwards, if you request a rate further than a spot contract (trade date, plus two days), you\u2019ll receive a pop-up on your account informing you that you\u2019re about to book a fixed forward contract with WorldFirst and that a deposit may be required.<\/p><p>Once you click &#8220;Accept Rate &amp; Book Transaction&#8221; you\u2019ll enter a legal contract with us to buy or sell the currency you\u2019ve selected.<\/p><p>For added transparency, you\u2019ll also receive detailed information on how we calculate margin requests. This information is important in case your rate significantly moves during the tenure of your contract, thus requiring a margin call.<\/p><p>To get started,\u00a0<a href=\"https:\/\/portal.worldfirst.com\/login?region=GB&amp;loginType=USERNAME;scope=openid&amp;state=405a7ca98971fc89432b3a1c41f1db7d&amp;response_type=code&amp;approval_prompt=auto&amp;redirect_uri=https%3A%2F%2Ftrading.worldfirst.com%2Fauth%2Fsso%2Fcheck&amp;client_id=wfo\">log in to your account<\/a>.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"If you're a new customer with WorldFirst\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>You can find out more about what you need, from hedging strategies to currencies involved and length and rate of contracts by calling our team on <strong>020 83918 7826<\\\/strong> (local call rates and charges apply).<\\\/p><p>We\\u2019ll clearly cover the below terms to ensure you\\u2019re comfortable with the conditions of the forward.<\\\/p><p>These terms include:<\\\/p><ul><li>The currencies involved<\\\/li><li>The rate of the contract<\\\/li><li>Tenure (length of the contract<\\\/li><li>Determining whether you require a fixed, flexible, or window forward<\\\/li><li>Explaining deposit\\\/initial margin requirements, in case a credit facility is needed<\\\/li><li>Understanding if you\\u2019ll be using this (forward bought) currency for buying or selling goods or services, or for direct investment<\\\/li><\\\/ul>\"}},{\"@type\":\"Question\",\"name\":\"If you're an existing WorldFirst customer\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>You can easily book fixed forward contracts online and window and flexible forward contracts by calling <strong>+44207 3269120 <\\\/strong>and speaking to one of our team (local call rates and charges apply).<\\\/p><p>For fixed forwards, if you request a rate further than a spot contract (trade date, plus two days), you\\u2019ll receive a pop-up on your account informing you that you\\u2019re about to book a fixed forward contract with WorldFirst and that a deposit may be required.<\\\/p><p>Once you click &#8220;Accept Rate &amp; Book Transaction&#8221; you\\u2019ll enter a legal contract with us to buy or sell the currency you\\u2019ve selected.<\\\/p><p>For added transparency, you\\u2019ll also receive detailed information on how we calculate margin requests. This information is important in case your rate significantly moves during the tenure of your contract, thus requiring a margin call.<\\\/p><p>To get started,\\u00a0<a href=\\\"https:\\\/\\\/portal.worldfirst.com\\\/login?region=GB&amp;loginType=USERNAME;scope=openid&amp;state=405a7ca98971fc89432b3a1c41f1db7d&amp;response_type=code&amp;approval_prompt=auto&amp;redirect_uri=https%3A%2F%2Ftrading.worldfirst.com%2Fauth%2Fsso%2Fcheck&amp;client_id=wfo\\\">log in to your account<\\\/a>.<\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49854a4c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49854a4c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4a1e4836\" data-id=\"4a1e4836\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3718016 elementor-widget elementor-widget-template\" data-id=\"3718016\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"1307\" class=\"elementor elementor-1307\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c57fe35 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c57fe35\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a783ef\" data-id=\"5a783ef\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2812134 elementor-widget elementor-widget-heading\" data-id=\"2812134\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Businesses like yours trust WorldFirst<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18c53e6 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-align-center wf-body01-font elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"18c53e6\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.worldfirst.com\/app3\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Almost 1,000,000 businesses have sent $300B around the world with WorldFirst and its partner brands since 2004<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Your money is safeguarded with leading financial institutions<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a52e6fb elementor-widget elementor-widget-image\" data-id=\"a52e6fb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"520\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/09\/Graphic_03_A-million-reasons-to-trust-WorldFirst-1536x520.png\" class=\"attachment-1536x1536 size-1536x1536 wp-image-23351\" alt=\"\" srcset=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/09\/Graphic_03_A-million-reasons-to-trust-WorldFirst-1536x520.png 1536w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/09\/Graphic_03_A-million-reasons-to-trust-WorldFirst-300x102.png 300w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/09\/Graphic_03_A-million-reasons-to-trust-WorldFirst-1024x347.png 1024w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/09\/Graphic_03_A-million-reasons-to-trust-WorldFirst-768x260.png 768w, https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/15\/2023\/09\/Graphic_03_A-million-reasons-to-trust-WorldFirst.png 1920w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1a6fa79 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1a6fa79\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-acffc97\" data-id=\"acffc97\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d4456ab elementor-widget elementor-widget-heading\" data-id=\"d4456ab\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What our customers say about our services<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-61e19e5 today-rates-sec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"61e19e5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-18b2c90\" data-id=\"18b2c90\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7bfaf17 elementor-widget elementor-widget-image\" 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100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fix your rate and future proof your plans with a forward contract Lock in an exchange rate that suits your business needs, protecting budgets from currency fluctuations and helping to reduce risk. What\u2019s a forward contract? A forward contract lets you secure an exchange rate over a set period of time on a predetermined volume [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fixed Currency Exchange Contracts for Businesses | WorldFirst UK<\/title>\n<meta name=\"description\" content=\"Manage cash flow and plan for the future with a fixed currency exchange rate. Forward contracts reduce risk from currency fluctuations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.worldfirst.com\/uk\/forward-contracts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forward Contracts\" \/>\n<meta property=\"og:description\" content=\"Manage cash flow and plan for the future with a fixed currency exchange rate. 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