Forward Transactions

Forward-Looking Security with Foreign Exchange Rates, Powered by Ziraat Katılım!

A Foreign exchange sales and purchase (Forward) transaction based on assurance performed in a way to be realized on a forward fixed term based on the date, exchange types, amount and exchange rates determined and committed in advance between the Bank and the customer. In this transaction it is the bank that makes the commitment.

What are the Conditions of Assurance Based Foreign Exchange Purchase / Sale Transactions (Forward)? 

  • This is a foreign exchange agreement made between our Bank and the customer for a future date, based on a pre-agreed currency, amount, and exchange rate.
  • In this transaction, the Bank commits to fulfill the terms on the specified date, providing predictability and assurance for the customer.

Why should I use Assurance Based Foreign Exchange Purchase / Sale (Forward)?

  • The objective of the forward product is to ensure protection from exchange rate risk.
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