Lock in the exchange rate for future transactions
Lock in the exchange rate in advance.
Forward contracts
Know and lock in the exchange rate in advance for your currency payments or collections, knowing how much a future transaction will cost you.
Build your own strategy to reduce foreign exchange risk in another currency thanks to forward transactions and our FX forward contracts.
Build your own strategy to reduce foreign exchange risk in another currency thanks to forward transactions and our FX forward contracts.
Protect your cross-border transactions
Secure your commercial margins with forward contracts
At Exact Payments you can choose the risk coverage that best suits your business. Lock in the exchange rate in advance for your future payments and collections, choosing between closed forward contracts or open ones with partial drawdowns.
Access the best exchange rates
Full or partial drawdowns
Fast, efficient payments thanks to the SWIFT network
PAY IN USD
100,000 USD
PAY IN GBP
30,000 GBP
PAY IN CNY
15,000 CNY
PAY IN JPY
26,000 JPY
PAY IN MXN
17,000 MXN
2 types of forward contracts
How to choose between closed or open forward contracts?
Analyse your risk exposure. Organise your business payments and collections without worrying about currency fluctuations by choosing the hedging contract that best suits your financial needs.
Closed forward
With closed forward contracts the exchange rate is locked in on the contract date and held until the maturity date.
On the maturity date, the customer will have access to the contracted amount and can settle the transactions at the exchange rate set on the contract date.
On the maturity date, the customer will have access to the contracted amount and can settle the transactions at the exchange rate set on the contract date.
Open forward
With open forward contracts the exchange rate is locked in on the contract date and held until the maturity date, allowing partial drawdowns between the two dates at the exchange rate set on the contract date (subject to prior funding of the amount corresponding to the equivalent amount of the transaction to be carried out)
Foreign exchange risk coverage
Currency risk
management
Protect your money from currency volatility. Lock in an exchange rate and optimise your strategy for effective currency risk management with forward contracts from Exact Payments.
