FX Forwards

FX Forwards for your forward exchange rate

Lock in your exchange rates up to 6 months in advance with forward contracts

Set your fixed future FX rates online, 24/7

Book, view and manage your contracts anytime and anywhere you want. Get everything done in our web app; it’s quick and easy

Save money with great FX rates

Save money on exchanges now and fix them in the future, too. Today’s great FX rates, secured for future exchanges

Manage market risk with us

Get great fixed FX rates for a set amount and date in the future, so you’ll know exactly what you’ll get. We charge a flat 0.8% for all future exchanges for UK customers on company plans

Available for all businesses, big and small

In an industry first, FX forward contracts are available to any Revolut Businesses incorporated in the UK as an LTD or PLC, buying or selling currency commercially

Powerful tools to save you money

Reach global heights with everything Revolut Business offers

Send and receive without borders

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Exchange, send and spend at great rates

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Secured by high quality tech and card protection

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What are you waiting for?

Save money when you explore FX forward contracts

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FX Forwards FAQs

What is a forward contract?

A forward contract is a contract between you and Revolut Business that fixes a foreign exchange (FX) rate for a set amount of your chosen currency until an agreed date in the future.Learn more.

What is forward exchange vs. fixed exchange rate?

A fixed forward rate means the exchange takes place on a pre-agreed future date. A flexible forward rate means the exchange takes place between two future dates. The difference between 'fixed' and 'flexible' rate relates to the date or date period selected. For fixed rates, the forward point is calculated using the date the forward is due to be scheduled. For flexible rates, it's calculated using the start date of your chosen period. You can see the difference in rates directly in the Revolut Business app as you set up each type of contract.Learn more.

What is the difference between forward rate and spot rate?

A forward rate is the price of an exchange set for a specific future time. A spot rate refers to the current exchange rate as determined by global markets. The difference between a forward rate and a spot rate is the time an exchange is made. With a spot rate, you can see the exact costs in real-time. With a forward rate, you can agree on an exchange rate ahead of time, regardless of market fluctuations.Learn more.

What is floating rate vs fixed rate?

A fixed rate means two currencies will always be exchanged for the same price. A floating rate means that the price of each currency can change based on market factors. The difference between floating and fixed rate is about set costs. A fixed rate has costs set for future exchanges, but a floating rate is in-line with global markets.Learn more.