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What are FX Forwards?

With FX Forwards, we offer currency forward contracts, which allow you to get a fixed currency exchange rate for a set amount and date in the future. The exchange rate is agreed when the forward contract is booked. We have two types of contracts:

  • Fixed date: the drawdown takes place on a specific, pre-agreed future date
  • Flexible dates: one or more drawdowns take place between two specified future dates

Revolut Business currently offers forwards up to 12 months in advance in EUR, GBP, and USD.