Why Forward Contracts are an Effective Way to Manage Brexit Currency Risk
Brexit currency risk is a prime concern for many businesses that make international payments, whether it’s to a supplier, funding overseas office overheads or purchasing stock.
Forward contracts are an effective solution to FX risk management post-Brexit because they offer protection for businesses against inevitable currency fluctuations, which are forecasted to be highly volatile for the foreseeable future.
Not only does this product provide up to two years risk management for future international payments, it requires a low 5% deposit, enables businesses to forecast their spending and helps to save money that can be used elsewhere.
Here’s how Forward Contracts can help manage your business’s Brexit currency risk:
So if you want to protect your business from future currency movements, get in contact with our Corporate Dealers to secure your rate today.
Call: 020 7220 8181 or create an account with us.
Why choose RationalFX?
Based in the heart of London’s financial district Canary Wharf, RationalFX has traded over $10billion in currencies across the globe. Take advantage of our competitive exchange rates, market expertise, suite of FX products and online payment platform when you make bank to bank transfers in over 50 currencies worldwide.
Whatever your reason for making overseas payments, we’re confident our currency specialists can save you time and money while providing peace of mind. Call our team now on: +44 20 7220 8181