Forward exchange contracts
To help manage your currency risk, through Kiwibank you can book an exchange rate for a fixed date in the future.
This means you know the rate you’ll receive when you exchange your funds - removing the risk from exchange rates moving unfavourably over time.
It also allows you to set NZ dollar pricing with confidence that your foreign costs are fixed.
This service is available in the five major currencies - US$, AU$, EU€, GB£ and JP¥.
For more information, call us on 0800 222 490 or email international@kiwibank.co.nz.