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Currency Hedging

Companies that utilize currency hedging do not need to worry about fluctuations in exchange rates.

Currency hedging contracts can either be entered into on the basis of budgets, when the order is placed or at the time of invoicing - it all depends on the nature of the exchange risk. We will help you assess when coverage is needed - and for what period.

Simpler budgeting - no subsequent exchange rate adjustments
By providing currency hedging of amounts owed in foreign currencies, we can guarantee our clients a fixed settlement rate. Budgeting and accounting are made easier. There is no need for subsequent exchange rate adjustments, and administrative work is minimised because the budgeted exchange rate is fixed. We have bank accounts in many countries to allow debtors to make payments in their own currency in their own country.

Competitive edge on the export market
Exporting to customers abroad is made easier with the possibility of doing business in the local currency. Invoicing your customer in their currency brings you on equal footing with domestic suppliers, as it provides the customer with the ability to compare prices efficiently - possibly resulting in increased export sales!

 

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