How to fix rates for a future transfer
Forward Contracts
Fix and guarantee an exchange rate for the future
If you know you want to make a currency transfer in the future, for example when buying an overseas property, you can use a Forward Contract to fix and guarantee an exchange rate now, for a transfer up to two years ahead.
When do you need a forward contract?
You might need a forward contract when buying an overseas property, and to avoid the risk of a falling exchange rate.
Pros and cons of a forward contract
Are there any risks when fixing an exchange rate?
Why do exchange rates move?
Here’s why you might want to fix your rate when exchange rates are constantly changing.
Live Currency Rates
Indicative daily market rates for illustration purposes only.
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Live Currency Rates
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property currency transfer specialist