Fixed exchange rates – What are fixed exchange rates?

Option how to fix the dollar rate. Fixing Exchange Rates


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    The exchange rate changed for the worse after I had fixed the amount and has not recovered since. The service provided by Pure FX has been excellent.

    Kilby, Lincolnshire Clearly, no one can accurately predict future exchange rates. So when you're making a large currency transferit is really important to consider what impact fluctuating exchange rates will have on your cost.

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    As specialist currency brokers, Pure FX can fix a competitive exchange rate for up to 12 months. This ensures the rate at which you exchange currency does not change, eliminating any chance that your purchase becomes unaffordable due to adverse movement.

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    To fix the exchange rate, there are several options available to you. You can tell us when you want delivery of the currency, and this can be any time between 1 week and 12 months.

    Forward contracts may or may not require a deposit. Time Option This is very similar to a forward contract, although you are able to draw down funds before the maturity date as and when you require the option how to fix the dollar rate.

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    It certainly pays to talk to a specialist. Why not chat to a Pure FX currency dealer about what would be best for you? Dedicated Personal Service To guide you through the transfer process and keep you up-to-date with the changing exchange rates.

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    How It Works for a no obligation account 2. Agree the exchange rate with your account manager over the phone 3. Send us payment for the transfer of your purchased currency 4.

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    We transfer the currency to your nominated account.