Currency markets are always moving, making it difficult for importers to be sure about the costs and profits of their business. One way importers can protect themselves against foreign exchange changes is by using Forward Exchange Contracts.
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::
- Foreign Exchange Transactions Product Disclosure (PDF, 329KB)
- Deliverable Spot and Forward CNY & CNH Foreign Exchange Transactions PDS (PDF, 160KB)
The Target Market Determination for this product is available at nab.com.au/TMD.