Extendible Forward

Overview

An Extendible Forward allows you to buy or sell foreign currency at an “Enhanced Rate” of exchange. This Enhanced Rate will be more favourable than the current market forward rate at the time of entering into the contract. You may have to take further deliveries of currency if the prevailing market rate is at or above a pre-agreed “Limit Rate” during the “Extension Period”.

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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