What is a Forward Transaction?
- Transaction of buying/selling foreign currency against Rupiah or other foreign currency with delivery date of more than 2 (two) working days after the date of transaction.
- The exchange rate is agreed on the transaction date.
- Transaction settlement is carried out on the due date of the transaction.
Benefits of Forward Transaction
Hedging the risk of exchange rate fluctuations.
Certainty of cash flow on the due date of payment.
The need for payment/disbursement of debt in foreign currency.
The need for payment/receipt of imports/exports in foreign currencies.
Available in multiple currencies.
