OFX Risk Management Solutions:
Forward Contract: Protect your business from sudden market shifts by securing an exchange rate for up to 12 months using our Forward Contract. This may help you protect your business from adverse currency fluctuations by delivering reliable rates of exchange. There are some downsides you need to be aware of, such as you may not be able to take advantage of favourable market movements after booking the forward contract. So it's a good idea to talk to an OFXpert first. Find out more about the risks and benefits here.
- Limit Orders: If you’re flexible on the date of delivery for your funds, you can use our Limit Orders, because the day you receive your funds may not be the best day to transfer your money. Use a Limit Order to select a rate that works best for your business. When the rate is right, we transfer your funds automatically, so you don’t have to worry about missing out.