What is an FX Forward Contract?

An FX Forward Contract is a financial instrument, it allows you to buy a notional amount of currency at a specific exchange rate for settlement at some point in the Future.

What Is SWIFT gpi and do you need it?

SWIFT gpi, or global payment innovation is the industry standard in cross border payments. All SWIFT gpi payments are sent with a unique identifier making transfers traceable, trackable and more transparent.

What is Spot FX and when is it used?

Spot FX or sometimes called a spot transaction, refers to the simultaneous buying and selling of one currency against another, usually for settlement within two business days.