How much does foreign exchange insurance cost?

The exchange rate offered by the bank includes a margin to offset the risk it takes due to market variations.

What are the requirements for purchasing foreign exchange insurance?

Have an account with BBVA and have the bank's approval to carry out forward transactions.

Do I have to go to the branch if I'm already a customer?

The most typical transactions can be done from the online business banking platform. However, a wide variety of more complex operations can be carried out from the treasury desk. You can contact your adviser for more information.

Currency insurance and currency exchange

Eliminate exchange rate risks in your operations.
Buy and sell currencies at a set price.
It has no added cost, you just pay the exchange rate.

Forward transactions

What forward operations are

Forward 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 flexibility

If 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 entails

In 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 forward

The 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.

Spot transactions

What a spot transaction is

Spot 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 phone

You 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 questions

Our 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.

Request information

You can do spot and forward transactions directly from the online banking service for companies.

Are you interested?

You can purchase currency exchange insurance at any of our branches or fill out a form to have us contact you.

Request information

Would you like more information?

Other products that might be of interest to you

A credit limit to finance payments to your international suppliers.

More information
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.

More information