Forward Contracts are agreements for an underlying asset to be traded at a specified price on a future date. Forward Contracts involve transactions where underlying assets such as foreign currency or precious metals are traded on a future date at spot rates, providing immunity to price risks in the market. Our forward rates are determined according to the contractual amount and contract maturity, as well as the spot rates at the time of settlement. Our competitive forward rates provide our customers with a positive edge in risk and liquidity management.
You can benefit from our most competitive and up-to-date rates for USD, EUR, Gold or any other foreign currency through Cash Collateral or Overdraft Limit.