Foreign exchange forward contract

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In foreign exchange forward contracts, the purchase or sale of the traded foreign currency takes place on a particular date. The amount and rate are agreed in advance and are binding.

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

  • Foreign exchange transactions in 9 foreign currencies and 90 currency pairs

  • Amount and exchange rate fixed in advance on a binding basis

  • Dates: any 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

    • A private account in the relevant currency is required for foreign exchange transactions. The accounts must be in the same name
    • Upon conclusion of a foreign exchange forward contract, a margin of 10% of the total amount on the private 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 foreign exchange forward contract

  • 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

Setting up foreign exchange forward contracts

Sign up simply by telephone.
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