Foreign Exchange for Business Trading

Is this the right solution for me?

If your business exports or imports, has assets or operations in another country or simply sends and receives money overseas you need to consider how you will protect yourself against changes in exchange rates. A small variation in the rate could cost your business thousands of dollars.

Currencies Direct forward contracts enable you to:

• Protect your business within a flexible framework
• Develop effective budget plans
• Improve your control over costs and working capital

We understand how a movement in foreign exchange rate can have a significant impact on your profit margin or balance sheet valuations. Our years of experience help to protect your bottom line and asset base. We offer a range of products and services that can help to minimise your foreign exchange risk.

One way to hedge against exchange rate movements is to arrange a forward contract. Quite simply, we guarantee today’s exchange rates on payments you need to make or receive in the future.

At Currencies Direct we offer two types of forward currency exchange contracts.

Open Forward Contracts
You can take delivery of your foreign currency between a range of dates.

Fixed Forward Contracts
You take delivery of your forward currency on a specific date in the future.

Important Information

If you do plan to book either a forward or time option contract you will be subject to additional security payments in the event of adverse exchange rate fluctuations. Such security payments must be received within 24 hours of notification. In the event you should have any questions please contact your dedicated dealer at Currencies Direct where they will be more than happy to assist. Further details and information is available to you please refer to the following: www.currenciesdirect.com/forwardcontractsexplained.aspx.

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