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Spot Transaction

A transfer made at the current market rate

Forward contract allows you to fix your rates allowing you to navigate even the most volatile currency markets.
A currency forward is a binding contract in the foreign exchange market that locks in the exchange rate for the purchase or sale of a currency on a future date. A currency forward is essentially a customisable hedging tool that does not involve an upfront margin payment. The other major benefit of a currency forward is that its terms are not standardized and can be tailored to a particular amount and for any maturity or delivery period.​
Our knowledgeable IX staff are able to provide you with the best type of forward contract for your business.