Foreign trade transactions – selling one currency and purchasing another – can be unpredictable. That’s why we offer Spot and Forward Contracts that minimize the uncertainty and risk of foreign exchange.
Settled, “on the spot,” this contract allows you to purchase one currency and sell an equal amount of another for delivery in two business days. We can help you make payments in foreign currency, or if you receive payment in a foreign currency, we’ll quickly convert it to U.S. dollars.
The right agreement if payment terms have been granted, a Forward Contract allows you to purchase one currency and sell another at a future date. This eliminates the risk of adverse movement in the exchange rate between the beginning and end of the transaction and because you’ve locked in the cost of the goods sold or purchased, it will help with your budget process.
Just tell us what you hope to accomplish. We’ll take care of the rest.
Contact our International Trade team at 888.461.1864 or email@example.com