RETAIN CONTROL WITH THE RIGHT HEDGING TOOLS
You'll have great local representative who help with the nuances of customs and languages in those markets.
You discover the best clients. You negotiate the best deals. You’ve even gone so far as to offer to price the transaction in their currency, to make the deal more acceptable to the new client. You leave nothing to chance.
FX markets are very volatile. That payment in local currency worth $100,000 today may be worth less (or more) when received in 90 or 180 days. What can you do to assure that all that hard work really pays off?
CONTROL YOUR TOP AND BOTTOM LINE
By hedging the risks arising from pricing your transaction in foreign exchange, you can better achieve your top line revenue goals, as well as manage your operating margins. The proper FX hedge can help mitigate the FX risks, making that foreign transaction seem very much like the ones you do in the United States.
In fact, by accepting local currency pricing, you may be able to enhance your bottom line, whether that’s by agreeing to a sales price worth more when translated into US Dollars, or getting cheaper prices for those foreign-sourced components.
USE THE RIGHT TOOLS
Regardless of the underlying commercial transaction, a number of FX products and services are available to assist in hedging foreign exchange financial risks. Hedging the FX market risk lets you manage the technical and commercial aspects of your business. Consult your FX specialist to create a hedging strategy customized to address your needs and provide the protection your company deserves.
- Traditional Forwards
- Window Forwards
- Non-Deliverable Forwards
- Foreign Exchange Swaps
- FX Options
START YOUR RELATIONSHIP WITH US TODAY
Whether you are new to conducting international business or you’re an experienced veteran, we can assist you with your currency needs. Our Foreign Exchange Specialist can create customized solutions to add efficiency and profitability to your foreign payables and receivables.
Contact your local Nevada State Bank Relationship Manager for information on how your business can benefit from our Corporate Banking services, or call us today at 866.727.4743. We'll be happy to meet with you to design a package of financial products and services.