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FX Solutions

More info on Foreign Exchange Risk Management

Foreign Exchange Risk Management

How it works

Exchange rate volatility can affect your bottom line in different ways. If you have committed to either selling or buying goods or services in a foreign currency and the exchange rate fluctuates, your overall profit from a particular deal can fall, or in low margin deals, be wiped out.

Even if you are trading overseas in Canadian Dollars, you are still exposing your deal to risk by transferring exchange risk to your trading partner. This can make it less attractive for overseas customers to deal with you.

More info on HSBCnet

HSBCnet

Gives you the ability to deal foreign exchange online.

New ! – Get Rate

A faster, more efficient way to make payments and related exchange rate decisions, based on live FX information.

•  Lock in exchange rates at the time of authorization – so you’ll know the exact value of your transaction – without having to wait for confirmation

•  View exactly how much you will be debited (in both CAD $ and the foreign currency).

More information
If you are an existing HSBCnet customer and would like to try Get Rate, simply contact your relationship manager.

For More Information

Call us at 1-866-808-HSBC (4722)

Or use our branch locator to find the HSBC branch in your neighbourhood.