Forward exchange contracts - Treasury & foreign exchange

Forward exchange contracts

Convenient banking

Are you worried about your foreign exchange exposure in the future? We offer forward exchange contracts which eliminate uncertainty over where exchange rates will be at a future date. It provides a way to "lock in" an exchange rate for a later date.

Features at a glance

A forward contract is a binding agreement to exchange a set amount of currency at a given exchange rate on a specific date in the future
Available in USD, AUD, NZD, JPY, GBP, EURO and other currencies upon application
Forward foreign exchange contracts are a valuable tool to manage foreign exchange exposures for:
- importers and exporters – trade
- investors and borrowers – capital
The contract does not represent a forecast of where the exchange rate will be on the date. Rather, it is the spot price adjusted for interest differentials between the two currencies involved for the period between the spot and value dates
They provide a way to "lock-in" an exchange rate for the future
It will provide certainty for decision-making given a known value of the exchange rate on the due contract value date
Eliminates uncertainty over where exchange rates will be at a future date
Allows importers to know "what you will pay" and set prices accordingly.

For further information

For further information on foreign exchange contracts contact our Manager Treasury and Trade Finance, Lynette Lees on +685 69 950 or call us on +685 69 999 to speak to an ANZ specialist today.

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