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.

Managing FX Risk with Forwards

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.

FX Forwards Education Video

Video tutorial about managing FX risk with forwards | View transcript (DOCX, 19KB)

Booking a Forward is simple

There are two ways you can book a Forward:

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The information provided on this webpage is intended to be of a general nature only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information on this webpage, National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit License 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any information on this webpage.

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.

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FX Video Library

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Foreign Exchange with NAB

Learn more about Foreign Exchange with NAB.

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