FX Forward - Foreign Exchange Forward | DBS TW Corporate Banking

FX Forward

Protect your business from exchange rate volatility

FX Forward

Protect your business from exchange rate volatility

At a glance

Protect your foreign currency receivables and payables from exchange rate volatility with a DBS Bank (Taiwan) Ltd FX Forward contract. FX Forwards fix the exchange rate for a particular date in the future, whether it’s days, months or years. The exchange is completed on that date at the pre-agreed rate, regardless of the prevailing market rate.

Leverage our expertise and award-winning services, which make us one of the best FX houses in Asia

Enjoy competitive pricing due to our market leader position and extensive network

Stay informed of the latest market developments with insights from more than 100 DBS research analysts in Asia

Identify and hedge against the potential risks you face when doing business overseas with strategic advice from our dedicated SME advisory sales team

How it works

For example, if you expect to receive a USD payment from an overseas buyer in a month’s time, you will need to exchange such USD proceeds into TWD in a month’s time. However, you may also want to hedge against USD depreciation in the interim. That’s why you may wish to enter into a FX Forward contract as below:

Spot date: 8 January 2013
Spot rate: 29.1000
Value date: 1 month later (8 February 2013)
Principal amount: USD 1 million
Forward rate: 29.0900

How to apply

Please call us at +886 2 6606 0302 and we will arrange for a treasury specialist to speak with you.

FAQs

	How competitive is the pricing of your FX products compared with other banks?
	Being one of the leading banks in Asia, we are perfectly placed to help deliver the best possible pricing available. We not only strive to remain competitive, but to actually lead the market.

	How do you update SME customers on current FX rates and market trends?
	Our Economic Research Team produces a daily breakfast summary of the latest market trends, updates and FX rates.