Forward contracts

We offer forward contracts on the major trading currencies to enable you to hedge your risk against any unfavourable foreign exchange movements. They are suitable for importers who may have future foreign currency payments or exporters who may have future foreign currency receipts.

What does it offer me

  • Reduces the risk of losing money due to movements in exchange rates
  • Enables you to plan for the short to medium term with certainty
  • Very flexible and simple to access
  • Dedicated specialist advice on foreign exchange markets.

 

What do I need to apply

  • Undergo a credit assessment
  • Cash collateral of up to 10 % of the transaction may be required.

 

How to apply

E-mail our trained consultants on information@standardbank.co.za and they will be in touch with you very soon. You can also visit your nearest Standard Bank branch for more information.


Online Banking

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