Foreign Exchange Risk ManagementHow 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. |
HSBCnetGives you the ability to deal foreign exchange online. |
New ! – Get RateA 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 |
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