Forward Exchange Contracts (FEC)

A Forward Exchange Contract (FEC) lets your business lock in an exchange rate for a future international transaction. This helps protect your business from currency fluctuations, giving you more control over costs and cash flow.

How FECs Help Your Business

FECs secure today’s exchange rate for a transaction you want to make in the future. This means your business won’t be impacted by currency changes, helping you plan ahead with confidence. For example, if you need to pay an overseas supplier in three months, you can lock in today’s rate and avoid paying more if the currency value changes.

Major Currencies You Can Access

Ready to fix your currency rates? Contact your Business Relationship Manager. To contact BSP Customer Service, call 132 888 or (+679) 331 4400 (within Fiji), or (+679) 321 4300 (from outside of Fiji), or email bula@bsp.com.fj.

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