Extend Foreign Exchange (FX) deals

Make sure you’re logged into NAB Connect to get started.

1. From the Services menu, select ‘Foreign exchange deals’.
2. From the Entity drop-down list, select the entity the deal is booked under.
3. From the list of deals that display, locate the deal you want to Extend.
4. Open the menu (three dots) on the right hand side for the deal and select Extend. If the deal is not available for extension, the option to extend will be unavailable.
5. In the Extension details section:
   • Select 'Deal type' either Forward - extension or Time Option - extension.
   • If Forward - extension selected enter Value date.
   • If Time Option - extension selected enter Start date and Value date.
6. In the Amount section, enter the amount of the deal you would like to Extend in either the I'm buying or I'm selling field.
7. Enter the amount of the deal you would like to extend, either in the You buy (NAB sell) or You sell (NAB buy) field.
8. Under Historic rate attestation agreement confirm your agreement by checking the box.
9. Select Get rate to retrieve the new rate.
10. Select Book deal to book your new deal.
    • To change any details, select the Edit details button and return to the previous screen.
    • If you don't wish to continue, select Cancel to return to the 'FX deals' screen.
11. From the Deal booked screen you can Book another deal or View FX deals. Print and Download as PDF is also available. 

Please note

• You can only extend the available outstanding amount of the nominated deal currency.
• Deals can only be extended for a maximum of six months from the original date.