Foreign Exchange
The Standard Bank’s Foreign Exchange Team is the top choice for investors who are looking for a comprehensive understanding of foreign exchange regulations and the risks in cross-border transactions.
Benefits
Expert Insights
Access in-depth knowledge of African markets, economic and legislative considerations from a team with decades’ worth of on-the-ground experience.
Extensive Africa Presence
An unmatched African footprint and presence in 20 African markets ensure risk mitigation across the continent
Transaction Safety
Maximise the safety and value of your FX transactions
Benefits for you
- Innovation and experience: Our FX teams have the skills to support a diversified international and domestic client base trading.
- Multiple currencies: We trade in most other emerging market currencies.
- Risk management: We provide comprehensive services and support for all FX matters, from foreign exchange risk management to foreign currency cash management, online dealing and payment solutions, exchange control and international trade payment mechanisms.
- Economic research: We keep clients up to date with developments and best practice so you can manage risk and maximise yield across all FX transactions.
Our Offerings
Fx Swap: An FX swap entails exchanging currencies for a specified period at an agreed-upon exchange rate with the intention to exchange it back at a future date, serving as a cost-effective means to hedge against currency fluctuations.
Fx Forward: Our FX Forward product allows you to lock in an exchange rate today for a transaction that will occur at a future date, providing certainty and protection against currency fluctuations. This solution is particularly beneficial for businesses with predictable foreign currency needs, such as importers, exporters, and those with international financial obligations. With our FX Forward service, you can effectively hedge against adverse currency movements, ensuring stability and predictability in your cash flow and budgeting processes.
Fx Spot: FX Spot transactions are a fundamental tool for businesses and individuals engaged in international trade and foreign exchange management. Our FX Spot product enables you to buy or sell foreign currency at the current market rate, ensuring efficient and immediate settlement. This solution is ideal for handling urgent currency needs, managing short-term exposures, and capitalizing on favorable exchange rates. Whether you are looking to secure currency for immediate payments or to facilitate cross-border transactions, our FX Spot service offers the flexibility and reliability you need.
Cash services are offered in four major currencies: GBP, EUR, USD, and ZAR.
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Benefits for you
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Our Offerings
- Innovation and experience: Our FX teams have the skills to support a diversified international and domestic client base trading.
- Multiple currencies: We trade in most other emerging market currencies.
- Risk management: We provide comprehensive services and support for all FX matters, from foreign exchange risk management to foreign currency cash management, online dealing and payment solutions, exchange control and international trade payment mechanisms.
- Economic research: We keep clients up to date with developments and best practice so you can manage risk and maximise yield across all FX transactions.
Fx Swap: An FX swap entails exchanging currencies for a specified period at an agreed-upon exchange rate with the intention to exchange it back at a future date, serving as a cost-effective means to hedge against currency fluctuations.
Fx Forward: Our FX Forward product allows you to lock in an exchange rate today for a transaction that will occur at a future date, providing certainty and protection against currency fluctuations. This solution is particularly beneficial for businesses with predictable foreign currency needs, such as importers, exporters, and those with international financial obligations. With our FX Forward service, you can effectively hedge against adverse currency movements, ensuring stability and predictability in your cash flow and budgeting processes.
Fx Spot: FX Spot transactions are a fundamental tool for businesses and individuals engaged in international trade and foreign exchange management. Our FX Spot product enables you to buy or sell foreign currency at the current market rate, ensuring efficient and immediate settlement. This solution is ideal for handling urgent currency needs, managing short-term exposures, and capitalizing on favorable exchange rates. Whether you are looking to secure currency for immediate payments or to facilitate cross-border transactions, our FX Spot service offers the flexibility and reliability you need.
Cash services are offered in four major currencies: GBP, EUR, USD, and ZAR.