Business Forward Rates
Want to keep today's exchange rate for the future? With forward rates, you can do just that. By arrangement with us, we can agree a rate for the future. A deposit is put down as part of the contract and, when the time for payment comes, we can supply the currency at the agreed exchange rate, regardless of how rates have changed in the meantime.
Forward rates can help you to preserve a favourable rate, to avoid risk, and to plan, knowing what rate you will get when the time for your transfer comes around. Forward rates allow you a predictable future cost in an unpredictable market.