Foreign Exchange Risk Management
Minimise foreign exchange risk
Foreign Exchange Risk Management Solutions from Yorkshire Bank can help minimise the risks associated with overseas trade. These options help protect against the risk of exchange rate fluctuations as well as allowing better management of your business cashflow. Protect your business abroad with this business banking solution.
- Flexible strategies to help you plan and project costs
- Available for one-off or regular transactions
- Competitive market exchange rates
To find out more, contact your Relationship Partner, arrange a visit to your local Financial Solutions Centre or call 08457 03 45 67.
More Benefits
- Personal attention - dedicated pro-active relationship management
- Certainty - exchange rate can be locked in for future delivery, helping to assist budgeting
- Protection - against adverse movements
Further Features
- Available for Spot, Forward Contracts, Option-Dated Forward Contracts or FX Swap transactions
- Dedicated experts looking after the exchange risk with you
- Although normal transaction charges apply there are no additional costs for the service
- Competitive market exchange rates
- Electronic dealing available via our web-based system
Complementary Solutions
Important Information
- Rates available for up to two years (longer upon request)
- Credit facilities may be required for this service
- Normal transaction charges apply, please speak to your Treasury Partner for full details
- Full terms and conditions are available on request
CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
Spot and forward foreign exchange deals or wholesale deposits in the London market are undertaken in accordance with the Bank of England’s Non-Investment Products (NIPS) code which is available on the Bank of England’s website (www.bankofengland.co.uk) or direct from the Bank of England, Threadneedle Street, London EC2R 8AH.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.