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
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Need more help?

Contact your nearest branch or your International Business Banking Specialist

Email

InternationalBankingservices@absa.co.za