Accrual Forward

Overview

An Accrual Forward allows you to buy or sell foreign currency at an “Enhanced Rate” of exchange, which is more favourable than the current market forward rate at the time of entering into the contract. You can buy or sell currency at the Enhanced Rate for as long as the spot market rate does not trade at or beyond a pre-agreed “Limit Rate”, at which point the contact will immediately terminate.

Requesting a product sheet will help you understand:

> How it works

> Advantages and disadvantages you need to consider

> Example scenarios

Investec has always been supportive of our business. We have worked with a number of their teams – including their FX and commodities specialists – and have always been very happy with their level of service.

Jeanine Wilkinson - Group Treasury Manager, Flybe - January 2014

There are alternatives.

Get the latest on currency markets, direct from the Dealing & Trading desks