Forward Exchange Contract

Features and benefits

• Agree on a fixed amount of foreign currency at a fixed rate and date
• Benefit from potential favourable exchange rate movements
• Must be utilised on maturity
• Contracts can be extended in some circumstances.

Applying for a Forward Exchange Contract 

New customers:

You'll need to complete our 100 point identity check. The main forms of identification are:

• Birth certificate or passport
• Another form of photo identification - driver's licence or local superannuation card.

Other forms of identification may also be acceptable. Visit your local branch or call (677) 21222 for more information.

Existing customers:

You may have already provided necessary identification. Visit your local branch to get started.  

All applications are subject to credit approval.

Need help?

Simply speak to a Banking Representative by calling (677) 21222.

Things you should know:

Credit facilities are subject to application and the Bank's normal lending assessment criteria. Fees and charges may apply to the products and services listed. Full details of the Terms and Conditions are available on application.