Spot Contract
An agreement to buy or sell foreign currency at its current value, with settlement occurring on the same day.

Forward Contract
Allows you to buy or sell a foreign currency for settlement on the day that trade matures.

Option Dated Forward Contract
Similar to a forward contract except you can fulfill the contract up to 30 days before it expires.

Foreign Currency Options
Allows you to buy or sell a foreign currency at some future date without the obligation to do so.

Zero-Cost Range Forwards
An option that locks in a range of exchange rates at which you can buy or sell foreign currency.

Participating Forwards
By limiting your ability to participate 100% in favourable exchange rate movements, you can obtain 100% protection against unfavourable movements at no cost.

For more information contact a Relationship Manager
at the Commercial Banking Centre nearest you!