Protect yourself from fluctuations in foreign currency exchange rates by using our Forward Exchange Contracts. By partnering with us in sourcing all your foreign currency needs, we make sure doing business internationally will be a breeze.

Fix your own rate
Fix your own rate

You can fix your rate in order to price accordingly.

Hedge your exposure
Hedge your exposure

You can hedge your exposure against rate fluctuations.

What you need to know

Hedge your exposure
Here’s how it works:

Our Forward Exchange Contracts are best suited for businesses that enter into foreign exchange transactions where payment is due at a future date. If you make use of products and services from outside South Africa or make and receive international payments, we have the expertise to ensure all your needs are covered.

Features
Features:
  • You enter into an agreement with us to buy or sell foreign currency at a future date
  • Ideal for businesses that make use of international products and services
  • Ideal for businesses making or receiving international payments
Speak to our team of experts
Speak to our team of experts
Location Phone
Johannesburg: Business Bank 
011 895 5529
Johannesburg: Corporate 
011 895 5502
Durban 031 534 4000
Cape Town 021 927 6601
Contact hours
Contact hours:

Monday - Friday
07:30 - 17:00

Saturday:
07:30 - 10:30

Sunday and public holidays:
Not available

conatact us

Need more help?

Let on of our consultants assist you.

Contact your Business Banker

Call us on:

0860 227 232

Email us at:

absaeb@absa.co.za