The simplest hedging mechanism to mitigate exchange risk. A contract between two parties to buy or sell foreign Currency at a specified price on a future date/period. The contract locks an exchange rate and regardless of the exchange rate on the future date, the transaction will be processed at contracted rate.
What is a Forward Contract?
Key Features & Benefits
Widely used as an effective tool in mitigating exchange rate risk.
Convenience of professional sales and advisory team for documentation and guidance.
Enjoy best exchange rates and low service charges.
Customers with Foreign Currency Exposure/Customers exposed to Foreign currency Fluctuations.