Foreign Exchange (FX) Fixed & Optional Delivery Forward

  • foreign exchange fixed and optional delivery forwardforeign exchange fixed and optional delivery forward

    Wide choices of hedging solutions at competitive rates to manage your Foreign Exchange exposures

Features & Benefits

Foreign Exchange (FX) Fixed & Optional Delivery Forward offer businesses the option to contract buy or sell foreign exchange at an agreed-upon rate/price determined today for delivery/settlement on an agreed future date.

  • Simple and straight forward hedging.
  • A defensive and conservative strategy for hedger who wish to ‘lock-in’ their cash flow requirements.
  • Enjoy the ability to hedge your foreign exchange exposures.
  • You can secure/book FX rates in advance from a choice of more than 20 currencies (including major currencies) against Singapore Dollar and US Dollar.
  • Corporates with less exposures can enjoy hedging benefits with a smaller contract size (US$10,000).
  • Secure "live" foreign exchange rates online with UOB eFX service via Business Internet Banking and enjoy real-time foreign exchange services

Apply Now

  • To apply, all corporations have to set up a FX Line with the Bank. The FX line states the maximum amount and tenure that you may contract at any one time.
  • If your business currently has credit facilities (e.g. Letter of Credit, Trust Receipts or Overdraft line) with the Bank, you can arrange with your banker to restructure the credit line to accommodate the additional FX facility by earmarking a portion of the existing facilities.

More Information

Visit us at:

United Overseas Bank Limited

Financial Institution Sales

80 Raffles Place

5th Storey UOB Plaza 1

Singapore 048624

Tel: 6233 6032