Forward contract

A forward contract enables you to lock in an exchange rate for up to two years. This option is particularly popular when looking to secure a rate for your house purchase. 
 

Available for transfers over £10,000, forward contracts enable you to plan your budget and avoid a downturn in markets that can increase the cost of your project. You don’t need to have all of the funds available up front, you will just need to pay a percentage of the transaction as a deposit, and the remainder will be paid upon completion of the transaction.  It is important, however, to remember that should rates improve, you will be obliged to complete your contract at the agreed rate.

 

Speak to our currency partner at 0044 (0)1753 752 760.

 

For UK clients, Britline International Payments Service is provided by HiFX Europe Limited. HiFX is a limited company registered in England and Wales. Registered number: 3517451. Registered office: Maxis 1, Western Road, Bracknell, Berkshire, RG12 1RT. HiFX Europe Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration 462444, for the provision of payment services.

For EEA clients, Britline International Payments Service is provided by XE Europe B.V.. XE Europe B.V. is a limited company registered in The Netherlands with company no. 72587873, and registered office at Rozengracht 12,1, 1016NB Amsterdam, The Netherlands. XE Europe B.V. is authorised by the Dutch Central Bank (De Nederlandsche Bank) under the Payment Services Directive II, license number R149006 for the provision of payment services.