Movements in foreign exchange rates can have a serious impact on your business if you have payments or receipts in foreign currency. On conversion, these receipts and payments can change in value from one day to the next, depending on the rate at which they are exchanged.
In this short video we'll help you understand foreign exchange risk. You'll learn about Forwards, how they work and why they're useful.
There are two ways you can book a Forward:
Important information
NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products including whether to acquire or to continue to hold a product or service mentioned:
The Target Market Determination for this product is available at nab.com.au/TMD.
See our FX library of videos to help you and your business.
Learn more about Foreign Exchange with NAB.
Helping your business make sense of credit, foreign exchange, interest rates and commodity markets.
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