Hedging currency risk
Advantages of forward contracts:
- Ability to set any date of execution of the forward contract, reducing currency risks.
- There is no need to pay the total amount of the purchase or sale when concluding the contract
- Easier process of setting business financial indicators and fixing Hryvnia profits of an import-export contract well before actual payment
- Forwards are binding and irreversible.
- Agreement on the terms and conditions (forward rate and amount covered) — within 1 hour.
Basic terms and conditions for forwards
10 thous. USD/EUR
USD/UAH or EUR/UAH
from 3 to 365 days
Fees for forwards
Purchase of foreign currency for UAH (on "forward" conditions)
(Free)sale of foreign currency for UAH (on "forward" conditions)
How do I apply?
Contact your personal manager
for existing clients of the bank.
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