FX Forwards

Lock in exchange rates

Why pay the price for taking your business global? Protect against currency volatility and eliminate uncertainty from your future exchanges with FX Forward contracts.

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Fix rates 2 years in advance

Set your amount, and carry out currency contracts in GBP, EUR, and USD on a specific date, or a set period. Get 12 months as standard, or reach out to our experts to freeze rates for up to 2 years.

Create contracts up to £15m

Our FX Forwards specialists will help you fix your ideal rates at the volumes you need to exchange.

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Transparent terms, no hidden fees

We only ask for a 5% initial deposit for each contract, refunded proportionately when your contract completes — plus a flat 0.8% fee. Working with high volumes and larger contracts? Speak to us for flexible fee and deposit options.

Manage your contracts online, 24/7

Contracts don’t have to be complicated. View rates, set dates, and secure the amount you need to exchange in our web app. Cancel your contract anytime without the manual paperwork. In short, you're in control. T&Cs apply.Get started

Questions? Talk to our team

Speak to our specialists to see if your business could benefit from FX Forwards. Together, we’ll help you hedge your currency exposure, so you can protect your profits and shield against risk.Contact the team

Keep costs low and productivity high

Manage spend without the stressManage spend without the stressCards >
Manage money in multiple currenciesManage money in multiple currenciesMulti-currency accounts >
Manage spend without the stressManage spend without the stressCards >
Exchange in 25+ currenciesExchange in 25+ currenciesCurrency exchange >
Exchange in 25+ currenciesExchange in 25+ currenciesCurrency exchange >

Save as you exchange with FX Forwards

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FAQS

  • Forward contracts help you hedge against volatile currency exchange rates, locking in the current rate over a set time period for a fixed value. You’ll carry out that exchange on an agreed date, or window or time.Learn more about FX Forwards.
  • FX Forwards is available for any business big or small, with an open Revolut Business account. You'll need to be incorporated in the UK or EEA as an LTD or PLC, or buy or sell currency for commercial purposes.Learn more about FX Forwards.
  • We won't charge more than the amount you agreed to within your FX Forwards contract. When you booked your contract, the rate agreed is the rate that applies on the completion date. Prices are market-driven, Revolut Business simply applies a small markup. There's no extra weekend exchange fee to scheduled FX Forwards.Learn more about FX Forwards.
  • Forward contracts with Revolut Business can only be used for:
    • Purchase or sale of identifiable goods or services
    • Transferring money earned overseas back to your base currency
    • Direct investments
    • Payment of salaries
    You can only book FX Forwards for allowed transactions. You can also choose between fixed or flexible contracts, meaning you’ll complete the exchange on a specific date or within a window of time.Learn more about FX Forwards.
  • Yes, you can cancel your forward contracts anytime. We'll just ask you to pay the 0.8% FX Forwards markup fee, and any mark-to-market difference, which is the difference in the contract's value between the time of booking and the date of cancelling. This mark-to-market difference could be a refund or a charge depending on the market conditions. When you cancel, we'll return the 5% deposit to you, with the 0.8% fee subtracted and the mark-to-market difference either added or subtracted.
  • Fixed date contracts allow you to exchange currencies on a specific, pre-agreed future date. Flexible date contracts allow you to exchange all or part of the contract value any time between two future dates of your choosing, in one or more exchanges. Learn more about FX Forwards.