Closing a new commercial agreement with a supplier or customer in another country is great news for a company. However, in the current environment, with high geopolitical tension and uncertainty in monetary policy, it can become a nightmare. The risk of carrying out an operation and seeing its subsequent profitability reduced due to an unexpected variation in the currency exchange rate is increasingly higher today. But can you imagine being able to agree on an exchange rate today for your future foreign currency needs and ensure that those will be the conditions in the future? Protect yourself from currency volatility with forward currency trading! If you are prepared to say “bye-bye” to uncertainty and secure your margins no matter what happens in the currency market, keep reading, this information interests you. Operation of forward currency trading. The forward currency purchase and sale is a solution in which a company and its financial institution agree to exchange an amount of euros and currency, at a future date, at an agreed exchange rate at the time of hiring. This agreement is binding, which means that both parties must execute the operation under the agreed terms, regardless of the evolution of the markets. For example, a company that will need dollars in six months can know today how many euros those dollars will cost it in the future. This way, when the date of the operation arrives, you will not have any surprises regarding the cost of the transaction, even if the dollar has become more expensive. This will guarantee your expected profitability, no matter what happens in the currency market. It is important to keep in mind that This contract represents a firm commitment to buy or sell the currency at the agreed exchange rate.. This action will protect you against negative variations in the exchange rate, but you will not be able to benefit from market movements that could be more favorable to you. Therefore, contracting this type of financial solutions must be carried out in an informed and planned manner, in line with the financial strategy of your business. Advantages of forward currency trading. The main advantage of this solution is protection against market fluctuations of foreign exchange. By setting an exchange rate in advance, you can protect your company's business margins and avoid the problems caused by currency volatility. Instead of worrying about market fluctuations, you can focus on growing your business, planning your income and expenses in currency with complete security. This aspect is especially important for businesses operating on tight margins, in emerging markets or with higher risk. Another important advantage is the improved cash flow planning. By locking in the exchange rate for future transactions, you'll know exactly the amounts you'll need in each currency, making it easier to plan your cash flows more accurately. A better forecast will allow you properly manage foreign exchange reserves, optimize payments and collections, and reduce the need for additional financing due to unexpected changes in the value of the currency. Finally, by knowing in advance the applicable exchange rate, you will be able to close commercial agreements with greater confidenceknowing your margins in advance and without having to modify the terms due to sudden market variations. This facilitates a greater flexibility in negotiations and improve the position of your company in the foreign marketprojecting an image of solidity and security to your business partners. Why choose Globalcaja forward currency trading? By choosing Globalcaja's forward currency trading solution, you can eliminate the uncertainty of exchange rates and focus on your growth international. In a context where markets can change from one day to the next, having this forecast becomes a key strategic advantage. You will contract your operations in terms of total transparency and based on exchange rates taken directly from the online market. But, above all, keep in mind that the purchase and sale of foreign currencies in Globalcaja includes technical support at all times. Our foreign trade specialists will be available to help you better understand the foreign exchange market and make the best decisions. This constant and personalized support will allow you manage risk in a professional way adapted to your needss. When, where and for whatever you need, we are at your side. How to request it? It's that simple. If you are a Globalcaja customer, Hiring this service is quick and simple: you only need to have one active foreign trade policy to guarantee greater security in each transaction. Once this policy is in force, access Ruralvía and, within the “Company” space, you will be able to contract and manage your currency operations in a safe, simple and fast way. Besides, You will have all the information on the evolution of the currency market in real time in just “one click”. If you still do not have an authorized line, ask at your usual office. Don't think about it anymore, Count on us as your financial partner for your foreign trade operations and we will work together to make a qualitative leap in the security and profitability of your business.
Secure the commercial margins of your operations with the purchase and sale of foreign currencies on a forward basis
