Bonus Forward

Overview

A Bonus Forward allows you to buy or sell foreign currency at an agreed “Protected Rate” of exchange, but with the potential to buy currency at an enhanced “Bonus Rate” if the market moves against you.

If at expiry, the market rate is at or above the Protected Rate, you are obliged to buy currency at the Protected Rate. However if the market is below the Protected Rate, you can receive a “Bonus Rate” unless the market trades at or below a pre-agreed “Limit Rate”.

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.

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