Foreign Exchange Risk Management
Protect your business abroad
Guard against the risks of currency fluctuations. Foreign Exchange Risk Management solutions from Yorkshire Bank can help minimise the dangers associated with overseas trade. These options help protect against exposure to exchange rate fluctuations and allow better management of your business cashflow.
- Flexible strategies to help you plan and project costs
- Competitive market exchange rates
- Available for one-off or regular transactions
To find out more:
- Call into your nearest branch or call 0845 606 4477
- If you’re an existing Business customer, contact your Business Manager
- Existing Business Direct customers, call 0845 606 4477
More Benefits
- Personal attention - dedicated pro-active relationship management
- Protection - against adverse movements
- Certainty - exchange rate can be locked in for future delivery, helping to assist budgeting
Further Features
- Available for Spot, Forward Contracts, Option-Dated Forward Contracts or FX Swap Transactions
- Competitive market exchange rates
- Dedicated experts looking after the exchange risk with you
- Although normal transaction charges apply there are no additional costs for this service
- 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 Business Manager or Business Advisor 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.