Foreign exchange forward contract

Choose your own date

With a foreign exchange forward contract, you can buy or sell currencies at a future date at an amount and rate agreed in advance. Foreign exchange forward contracts are therefore an ideal solution for risk management.

Foreign exchange forward contracts: buy or sell at a future date

  • Foreign exchange transactions in nine foreign currencies

  • Binding amounts and rates are agreed in advance

  • Dates: Any Swiss Post working day, maximum term 2 years

  • Amounts: any amount over a minimum amount set for each currency (minimum amount available on request)

  • Ideal instrument for hedging in foreign currencies

  • PostFinance accounts in the relevant currencies are required for foreign exchange transactions. The accounts must be in the same name.
  • Conditions

    Foreign currency transactions are free of charge.

    Upon balance of a forex forward transaction, a margin of 10 percent of the total amount on the PostFinance account will be reserved. The margin (the safety margin to cover the exchange rate risk which the writer of a forward transaction has to put up or deposit) will be constantly adjusted in accordance with market conditions during the course of the forex swap transaction.

    Tradable currencies

    CHF
    Swiss franc
    AUD
    Australian dollar
    CAD
    Canadian dollar
    DKK
    Danish krone
    EUR
    Euro
    GBP
    British pound
    JPY
    Japanese yen
    NOK
    Norwegian krone
    SEK
    Swedish krona
    USD
    United States dollar

This might interest you too