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FXT
HOMEDRAFTS WIRES FORWARDS FXT RATE LOCK foreign receivables CAREERS AT FXTCompliance
FXT Managing your Foreign Exchange Needs.

Forward contract

A forward contract is a transaction that locks in a price at which a company can buy or sell a currency on a future date. The contract holder is obligated to buy or sell the currency at a specified price, at a specified quantity and on a specified future date. These contracts are not transferable. FXT works with many companies on hedging strategies to offset currency exposure. This can be the most effective means for your company to manage risk.

FXT has even more flexibility than other providers on forwards. Please contact your FXT representative for more details.

Closed Forward

A contracted purchase of currency to be exercised on a specific future date.

Open Forward

A contracted purchase of currency to be exercised within a one week to one month window.
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NORTH AMERICA

FXT Processing/Operations North America
135 So. Main Street
Greenville, SC. 29601
1-866-613-0875


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