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  • Communique - Customer Due Diligence Read More
  • Une bonne gouvernance d’entreprise assure un meilleur accès aux capitaux Read More
  • Bilan en nette croissance pour MauBank au premier trimestre 2021 Read More

CORPORATE SERVICES

Forward FX transactions

forward-fx-transactions

FORWARD FX TRANSACTIONS

Forward transactions are intended for clients who want to fix a favourable current exchange rate for the future. It is used extensively for hedging adverse currency exposures. The rate of exchange is based upon the prevailing spot rate as adjusted to take account of interest rate differentials between the two currencies for the period of the contract. No separate commissions are payable at the maturity of the forward contracts.

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