Transact internationally with ease
We can help you source all your foreign currency without any hassle. We also ensure you choose the right product or solution to suit your international transacting needs.
Spot foreign exchange
This solution is right for you if you need foreign currency within two working days.
Forward foreign exchange
Eliminate the risk of currency fluctuations with our forward foreign exchange solution.
Derivative products
Hedge foreign exchange risk with our derivative products.
For immediate foreign currency needs
Get foreign currency on the spot
A spot deal is an agreement between us and our customer for the sale/purchase of a specific amount of foreign currency at a specified exchange rate for delivery in two working days.
Versatile
Deals can be booked in any two of 16 currencies.
Flexible
With no minimum deal value, your business has the flexibility to exchange any foreign currency that you need.
No surprises
No separate commission fees. The cost of the deal is determined by the exchange rate applicable to that transaction.
Manage foreign exchange risk
Fix a future currency exchange rate
A forward exchange contract rate is based on the prevailing spot rate, plus or minus a premium or discount, which is determined by the interest rate differential between the two currencies involved.
Safe and easy
It is a simple way to manage foreign exchange risk.
Plan ahead
Forward foreign exchange contracts give customers the ability to fix a future currency exchange at a fixed rate.
Solutions to protect you against foreign exchange risk
Foreign currency derivatives
A derivative is an instrument of which the price is derived from one or more underlying instruments. The underlying asset is often a financial asset or rate, but it does not have to be. The derivative itself is a contract between two parties and the contract value is determined by fluctuations in the underlying asset.
Foreign currency derivatives
Used for currency speculation and arbitrage or for hedging Forex risk.
Interest rate derivatives
Utilised to either hedge or speculate on the movement of interest rates.
Commodity derivatives
Financial instruments whose value depend on that of commodities, such as grains, energy or metals.
To find out more about foreign currency, interest rate or
commodity derivatives, please contact:
+255 22 228 2029
Email:
