SME’s secret weapon to international payments: Forward Contracts If your business makes or receives international payments, you should be using forward contracts. SME’s are not aware of forward contracts and its usually because they are either afraid to commit to the rate, they don’t understand how forward contracts work or because they may not have
Tag Archives: Forward Contract
If your business Imports or Exports, then you are exposed to exchange rate risk. Whatever industry you’re in, volatility in the foreign exchange market could be disrupting your cash flow, complicating your forecasts or even worse, eating into your profits. More and more South Africa SMEs are discovering the advantages of using Forward Contracts to