Forward Contracts

Currency markets can impact your bottom line.
Fix the exchange rate to protect your business from market volatility by using a forward contract.

Forward contracts offer sound protection against market fluctuations. Businesses that engage in international trade for example, may use forward contracts to lock in a future exchange rate, ensuring that they will receive or pay a known amount of a foreign currency regardless of how exchange rates fluctuate.

Along with offering certainty on the exchange rate, another benefit of these contracts are that unlike a spot transaction where currencies are exchanged immediately, in a forward contract, there is no initial exchange of monies. The actual exchange of currencies only takes place on the agreed future date.

Forward contracts offer a certain degree of flexibility because the terms can be customized based on the specific needs of the parties involved. This allows for tailor-made solutions to manage currency risk.

FAQ's

Our technology

Our online platform was built by us and is owned by us which means that we are completely in control when it comes to offering our clients an easy to use interface. efficiency. speed and security when it comes to sending money abroad. Make use of our clever dashboard tools to mitigate any exposures you may face.

Price transparency

We want to save your business time. energy and money. Our completely transparent model means no hidden fees. We have an up front fixed fee model that is based on your company requirements and profile. This means that any time you transfer you know exactly what will be charged from our end.

Our people

Every business is only as good as it's people and we have invested heavily in a knowledgeable team of individuals who understand business and want to implement clever cost cutting solutions. Our on demand service means you can place your international payments online 24/7 or call into our dealing desk.

Core values and expertise

With over 30 years in this sector we live and breath the foreign currency markets. We are genuinely interested in learning about businesses and understanding individual requirements. Every person within our organisation is dedicated to finding solutions to protect a Client's bottom line and offer the best execution.

Currencies		Sterling FX rates	Bank rates	You could save (for £1000)

*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.

Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.