Garanti BBVA provides forward exchange transactions to its customers with its Forward product on its Corporate Internet Branch.
According to the bank statement, the Forward product, which is highly preferred by the import and export corporate customers, contributes to the creation of a predictable cash flow against the changes that may occur in the exchange rate.
The product allows foreign exchange trading at a fixed rate from the day the customer is instructed, for a future date determined by the customer, thereby reducing the risks arising from the change of the exchange rate. Companies whose revenues and expenses are not in the same currency can keep their cash flows under control with the forward maturity payment fixing feature against fluctuations in exchange rates. Companies that want to trade more securely increase the financial well-being of their businesses with predictable, stable, and sustainable cash flow.
Garanti BBVA becomes a reference source for its customers by showing instant prices for certain maturities on the Forward page on the Corporate Internet Branch. Thus, with its Forward product, it helps its customers to reduce or eliminate the financial risks they face in their commercial lives.
Source: AA / Translated by Bazaar Times Team
