Treasury services

Enjoy full capital protection and maximise your returns with products that are designed to meet your investment goals.

Foreign exchange

Our foreign exchange services help to manage your cash flow through improved planning of your cross-border payments.

Spot foreign exchange

A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days. It is a simple way for your business to make foreign exchange payments on a short notice.

Forward exchange contract

A forward exchange contract (or forward contract) is a binding obligation to buy or sell a certain amount of foreign currency at a pre-agreed rate of exchange, on or before a certain date. Such contracts can be taken out for completion on an agreed date or at any point between two pre-agreed dates (up to three months apart).

A forward contract provides a simple method of covering exchange risk, without having to worry about unfavourable movements in exchange rates. In addition, it overcomes the problems in budgeting as you can now budget at a guaranteed rate of exchange.

Currency option

Currency options give the holder of the option the right, but not the obligation, to buy or sell a specific amount of currency at a specific rate of exchange, on or before a specific future date. It provides your business with protection against adverse movements in foreign exchange rates.