These websites are using cookies. By further using the websites you agree with using cookies. Read information about how we use cookies and how you can refuse using them by setting your browser.

Tatra banka

4.12.2016 23:22

Forward

 

Fix your individual exchange rate for future
conversion of funds and minimise
your exchange rate risk (Hedging).

Options

Options

We offer these options:

  • Forward: arranged fixed exchange rate for the exact day
  • Forward with floating maturity (Floating Forward): arranged fixed exchange rate for a certain period, offers more freedom for planning cash flows
  • Forward without physical delivery  (Non Delivery Forward): actual conversion does not happen on the forward maturity day, only the difference between the arranged and the current exchange rate is settled and profit and loss is cleared in the selected current account

Forward exchange rate always reflects the current bank-to-bank market situation.

Conditions

Conditions

Conditions:

  • Minimum volume of EUR 30,000 or other currency equivalent
  • Settlement is optional from 3 to 365 days after trade arrangement
  • Possibility of settlement without delivery (Non Delivery), by telephone
  • Signed contract with the Clients Department, Capital Markets Division

Deals can be concluded via telephone from 8:30 a.m. until 4:00 p.m.

Basic terms

Basic terms

Click here for detailed description of financial tools and related risks.