Forward contract is a mechanism through which exchange rate is fixed in advance for purchase or sale of foreign currency at a future date. You can book forward contracts with us to hedge your exchange rate risk inherent in various foreign exchange transactions. As an exporter you will be able to calculate the amount realizable on your export of goods in home currency. Similarly as an importer you can determine the future cost of your imports in home currency.
- Competitive exchange rates
- Easy tracking of your forward contract outstandings
- Better working capital fund management
- Foreign exchange market advisory by forex experts