Forward contracts.
Lock a rate today for a settlement up to 24 months ahead. Take currency risk off the table when timing is uncertain.
When the timing of a transfer is locked but the rate isn't, a forward removes the variable. You agree the rate today for a settlement up to two years ahead, neutralising currency risk on the path between now and then.
Lock rates up to 24 months ahead.
Pin a specific date or settle within a window.
Draw down in tranches as needs arise.
From conversation to settlement.
Three steps, no theatre.
Map the exposure
We work through the timing, amount, and currency pair with you.
Lock the forward rate
Today's rate, tomorrow's settlement. The contract is binding for both sides.
Settle on the date
Funds move at the agreed rate, regardless of where the spot has gone.
On Forward contracts, asked.
Often yes; the size of the deposit depends on tenor, pair, and your relationship with us.
Yes, by closing the contract at the prevailing market rate. Speak to your account manager for the mechanics.