Login Register +44 (0) 20 7738 0777 Home > Services > Fix the rate now FUTURE PAYMENTS Fix the rate now For You For Your Business Exchange rates change. But these fluctuations needn’t overly impact you. We know that all our customers want to keep their money safe. But for businesses trading overseas volatile foreign exchange markets can be a real threat to their bottom line. During periods of heightened volatility, businesses can experience undesirable effects on profit margins, especially if they don’t have the right mitigation strategies in place. And that’s where a Forward Contract comes in. Set up a payment Put simply, a Forward Contract allows you to take advantage of a favourable rate for a trade on a future date; you lock in a desirable exchange rate, then decide upon the transaction amount and delivery period. This gives you certainty that when you enter into a contract with a customer or supplier you know exactly what your costs and revenue will be. It works particularly well when buying goods or services that have long and uncertain lead times. It’s essentially a hedging tool. By fixing an exchange rate for up to two years in advance of making a transfer, you can more effectively budget, maintain a competitive pricing model and protect your funds from negative market movements. Read more Case Studies Set up a free account Call now +44 (0) 20 7738 0777 21 years on market over 10,000 happy clients transfer in 29 currencies 1 great team authorised and regulated by the FCA Join our Newsletter Stay ahead of the markets and sign up to our free, daily FX news bulletin that details live rates and the events to watch out for! First Name Last Name Email By joining our Newsletter you agree to our Terms and Conditions - Services Advanced Business Services Case Studies Inbound Payments Outbound Payments Future Payments Contact us FAQs About us Careers Login Set up a free Account +44 (0) 20 7738 0777 support@currencyuk.co.uk Currency UK Limited 1 Canada Square Canary Wharf London E14 5AA United Kingdom Refer a friend Tell your friend or family about us and get £50 Amazon voucher when they transfer. Refer now © 2021 Currency UK Ltd. All rights reserved. Currency UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) as a Payment Institute under firm reference No: 504592. HMRC Certificate of Reg. for Money Service Businesses No: 12120036. UK Data Protection Reg. No: PZ7738305. Terms of Use Privacy Cookies Our Regulations Sitemap Site usage Safety of your funds Security Modern slavery statement We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OkSite usage