New Product for Individuals from Pivdenny Bank: Forward Contracts

As from December 16, 2025, a new product will be available at Pivdenny Bank – forward contracts – for individual clients who do not conduct entrepreneurial activities.

Forward contract is a foreign exchange transaction that records the client’s obligation to sell foreign currency at a specified future date and under predetermined conditions at a fixed exchange rate. Such transactions are used to hedge the risk of exchange rate fluctuations between currencies.

At the initial pilot stage, only transactions involving the sale of foreign currency by the client to the bank are available.

More details about the product can be found in the relevant section at the link.