The Weatherbys Bank Treasury Dealer will work closely with your Private Banker to provide a personal service and competitive solution, which is tailored to your individual or corporate foreign exchange needs.
Weatherbys Bank offers a broad range of FX products, in all the major currencies.
For your immediate currency requirements we can exchange one currency against another at an agreed rate for settlement same day, tomorrow or two working days later.
Forward Exchange Contracts
Forward contracts allow you to fix the exchange rate on a buy / sell contract for a predetermined date in the future. They allow you to hedge currency exposure and also budget your currency requirements.
Options allow you to exchange currency on a given date, at an agreed rate, without obliging you to do so. They protect you or your business against adverse exchange rate movements while simultaneously allowing you to benefit from movements in your favour. Weatherbys Bank offers FX options with an upfront premium payable.
Dual Currency Deposits
Dual currency agreements offer an enhanced return over money market deposits in return for accepting the possibility that the funds may be exchanged at maturity for the alternative currency at the predetermined exchange rate.
For more information on all of these services contact Dominic Haldane.
Tel: +44 1933 304849 (direct line)