Forward contracts are suitable for businesses looking to protect themselves against adverse rate movements, as well as those that want to fix a rate that they see asparticularly favourable.

This type of contract allows you to fix an exchange rate and apply it to a money transfer which you are planning to make in the future (up to two years ahead). You can do this even if you don’t have all of the funds available at the time you book the trade.

To find out more about forwards or discuss our other foreign exchange services for your business please call 020 7823 7400.