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.
Eligibility
- Customers with Foreign Currency Exposure/Customers exposed to Foreign currency Fluctuations.
- For More details, please write to us
Fees & Charges
Flat ₹ 500 + GST*
(Subject to periodic revisions)