Forward Contract (Corporate)

"Take the Risk and volatility of currency off your bottom line"

A Forward Contract allows you to take advantage of current market prices, without having to pay all the funds now. With contracts available up to 2 years, and open periods up to 90 days, one of our dedicated Foreign Exchange Specialists will work with you to determine what the best strategy is for your needs. The contract rate is determined by how long the contract is for, the current spot rate and the interest rate conditions of the two countries (currencies). Many companies choose to lock in forward contracts to manage foreign exchange risk in the future.

Competing for business overseas? Forward contracts eliminate your exposure to volatile currency swings and provide you with security and peace of mind on your foreign payables and receivables. Buying a large piece of equipment in 6 months? Get into a forward contract today and know what your costs will be when it’s time to pay for the equipment.

Foreign Exchange Forward Contract