Hotline : 

  • 0800 695 566(Within New Zealand)
  • 0064 9980 9000(From Overseas)
Current Position : Home > BOC NewZealand > Corporate Banking > Treasury & Foreign Exchange
Online Banking

Foreign Exchange Forward Transaction

A FX forward contract is an agreement between two parties to exchange two designated currencies at a specific time in the future. Normally the settlement date is no longer than 3 years from the trade date.

FEATURES

  • Client can exchange two different currencies with predetermined price at the value date.
  • Suitable for corporate customers who wish to use FX Forward instrument to effectively lock the forward exchange rate.

Related Information