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What is a Forward Contract?

May 4, 2015 8:21 pm Published by
  • A Forward contract allows you to lock in today’s rate for up to 1 year with a deposit of up to 10%.
  • You can pay us the deposit in either currency you will be exchanging. This amount is refunded back to you once the transaction is settled or you can pay the remaining 90% due upon settlement of the exchange.

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