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Forward Contracts

Want to capitalize 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 3 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 dealer will explain and discuss this with you before you book your forward.

Fees and charges

When we work with businesses, we'll agree a payment fee structure that reflects how much business we do together. These fees can range from $0 to $25 per transaction.

We'll try to help make sure all your money gets to where it needs to by covering 3rd party transfer fees where we can.

If you are a private client and transfering over $10,000 then we won't charge you any fees. You can still transfer under $10,000 but there will just be a $10 fee. There may also be varying correspondent and receiving fees from the banks who handle the transfer along the way but we will try to cover these where we can.