Currency Options Contracts
Currency options contracts give you the right but not the obligation to buy or sell foreign currency at future dates.
Benefits
- An alternative to foreign exchange forward contracts when hedging currency exposure
- Useful way to avoid utilizing your company’s lines of credit
- Hedge an uncertain or contingent exposure, such as one that involves tendering for a contract
Product Details
- To establish a credit relationship with a Foreign Exchange Guidance Line or posted Cash Collateral, contact the First Republic Foreign Exchange team directly
Member FDIC, Equal Housing Lender