Yes, this is called a forward. If you know you have a currency requirement sometime in the future then you can lock in a rate today for that future requirement. Forwards allow you to take the risk out of future market movements by locking in your rate today. Forwards require a Payment Reserve (deposit) of between 5 and 10% of the total exchange amount.
The smarter way to send international payments.
Agility Forex Ltd is registered with Fintrac, registration number M13773887.
Agility Forex provides an online foreign exchange execution platform. We do not offer advice or comment on the suitability of entering into a transaction. Trades made by customers with Agility Forex are offset by Agility Forex with our counterparties in the foreign exchange market. No part of the information provided on this web-site should be construed as a solicitation to make a financial investment.
International payment services executed by Agility Forex Limited are not available at the moment to persons resident in the United States of America or its territories.
