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Options
Product Overview
An Options Foreign Exchange contract gives companies flexibility in managing their foreign currency exposure. An Options Foreign Exchange contract is beneficial to companies wishing to protect profit margins while still retaining the ability to benefit from favorable foreign exchange market movements.
Product Benefits
- Custom tailored to your company's needs
- Protection against adverse foreign exchange movements but provides ability to gain from favorable foreign exchange movements
- Improved budgeting and cash flow planning
- Optional right (Not a binding obligation to transact)
- Flexible terms
- Available for all major currencies
Product Features
- A foreign exchange option gives the purchaser the right, but not the obligation, to buy or sell a specific amount of currency at an agreed price on or before a specific future date
- A premium or upfront fee is paid for the Option
- A foreign exchange credit line is required
Tip : Foreign exchange rates may fluctuate anytime by any amount
