|
Foreign Exchange Risk Management
How do you minimize foreign exchange risks?
One of the uncertainties of international trade lies in the fluctuating exchange rates between currencies. If you are not properly protected, foreign currency fluctuations can lead to great loss. To help mitigate your foreign exchange risks, we offer you Spot / Forward Foreign Exchange services.
How it works
Exchange rate volatility can affect your bottom line profit in different ways. If you have committed to either selling or buying goods or services in a foreign currency and the exchange rate fluctuates, your overall profit from a particular deal can fall, or in low margin deals be wiped out. Even if you are trading overseas in sterling, you are still exposing your deal to risk by transferring exchange risk to your trading partner. This can make it less attractive for overseas customers to deal with you.
Who can benefit
You can benefit, if you are:
- an importer / an exporter
- engaged in cross border trade
- the owner of overseas assets, joint ventures or partnerships
- competing with overseas companies.
We will develop a four point plan to help you:
- understand your exposures
- understand the solutions
- develop a strategy
- Implement your plan.
Are you interested? Please call us today. |