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.
Our team is on hand to explain everything to you in jargon-free terms, so you can make an informed decision about the best solution for your organisation.
To find out more about Forward contracts or discuss our other foreign exchange services for your business please contact us online or call us on 01901 5252.