The exchange rate offered by the bank includes a margin to offset the risk it takes due to market variations.
Currency insurance and currency exchange
What you can doYou can simulate scenarios in BBVA Empresas to hedge the exchange rate of your Trade Finance transactions in foreign currencies (USD and GBP) and apply from the simulation itself.
What products it includes
It compares the result between:
- Cash payment
- American forward
Alerts and automatic purchasing
Create exchange rate alertsSet up alerts from BBVA Empresas to monitor the price of your foreign currency transactions.
Automate the purchase and sale of foreign currenciesOptimize your currency transactions by creating an automatic order to buy or sell currency to be executed when the exchange rate you set is reached.
What forward operations areForward transactions consist of "locking in" the price at which you will buy a currency on a specific date, that is, you guarantee an exchange rate for that day.
They provide flexibilityIf you enter into a forward operation because you are going to make a purchase in dollars (USD) within a month, but the payment ends up being moved up, the exchange rate of the operation is adjusted to the market conditions at the time, but you do not pay a fee for the change.
One variant, American forward
What American forward entailsIn American forward operations, you also set the price that a currency will have in the future, but if you move the date up, the exchange rate is maintained.
When to choose American forwardThe American forward is a good option if you want to set an exchange rate and make sure it will not vary even if you have to move up the settlement date you had chosen.
What a spot transaction isSpot currency transactions are those that are settled between the contract date and two business days later. As in the previous ones, a price is also set.
You can do them on your phoneYou can do your spot currency trades from the online business banking platform, and also from the app.
A personal adviser at your side
Specialists to answer your questionsOur team of specialists in trade finance will make your international transactions easier. Your adviser will help whenever you have questions on financing imports.Count on our experience
You will have a specialized personal adviser at your disposal. You can rely on your adviser to answer questions about your international activity and thus minimize any potential risks.
- No added cost.
- Get the information when you need it.
You can do spot and forward transactions directly from the online banking service for companies.
Would you like more information?
Other products that might be of interest to you
A credit limit to get an advance on your invoices to international customers. The difference with factoring is that the bank does not cover the risk of insolvency.
Be a BBVA customer.
- We work to ensure that borders don't hinder your business.
- We believe in a way of banking that focuses on people: bancaresponsable.com.