Forward Foreign Exchange

Features & Benefits

A forward exchange contract rate is based on the prevailing spot rate plus (or minus) a premium (or discount) which is determined by the interest rate differential between the two currencies involved.

Forward foreign exchange offers a wide range of benefits including the following:

  • A simple way to manage foreign exchange risk.
  • Forward foreign exchange contracts give customers the ability to fix a future currency exchange at a fixed rate.

Get in touch with us

To find out more about Forward Foreign Exchange, kindly get in touch with our Treasury Sales team on:
Tel:+260 211 221864 / +260 211 222004