PRODUCTS

We offer various products to Importers and Exporters.

FX OPTION

Is a Financial Instrument that gives the Importer/ Exporter the right but not the obligation to Exchange money denominated in one Currency into another at a pre agreed Exchange Rate for a future specified date. The client will pay a fee which is otherwise known as a premiumonce the transaction is agreed and concluded.

FX SPOT

This is the most common form of Foreign Exchange Transaction. This is an agreement between two counterparties to Exchange one Currency for another at an agreed rate. The agreed rate and nominal Currency is usually Exchanged after two business days which is commonly referred to as the ‘Spot Date”

FX FORWARD CONTRACT

A FX Forward Contract is an agreement to purchase or sell a set amount of Currency at a specified price at a predetermined date in the future, this is useful for manufacturers to “budget “for the cost of product in the future, as Currency values can fluctuate considerably this is one of the most common hedging tools Importers or Exporters can use.