FX Forwards
Fix rates, protect your profits
Forecast with confidence
Set exchange rates up to 2 years in advance, so you’re never at the mercy of the market again. Just enter your amount, and choose a date or time window — your rate will be there waiting for you when the contract completes.
Create contracts up to £15m
Our FX Forwards specialists will help you fix the rates you want at the volumes you need. Book contracts in EUR, GBP, and USD to manage your cashflow strategically.Speak to an expert
Clear terms, no hidden fees
Take the guesswork out of pricing. We just ask for an initial 5% deposit per contract, refunded proportionately when it’s fulfilled, plus a flat fee of 0.8%. Fees and T&Cs apply.
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Talk to our team
Speak to our specialists to see if your business could benefit from FX Forwards. We’ll help you hedge your currency exposure, so you can protect your margins and keep your business goals in sight.
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Plan strategically with FX Forwards
FAQs
Forward contracts are binding exchange agreements that help you hedge against volatile currency exchange rates, locking in the current rate over a set time period.
When you book a forward contract, you agree to exchange a specific amount between 2 currencies at a fixed rate. The transaction takes place on a set future date, or within a defined time window.
Learn more about FX Forwards.FX Forwards contracts are available to businesses with an active Revolut Business account. To be eligible, you need to be a corporate customer incorporated in the UK, Switzerland, or the EEA — you won't be eligible if you're a freelancer.
Learn more about FX Forwards.When you book a forward contract with us, you'll agree to a specific rate, which will apply when you carry out the exchange on the completion date. We won't charge more than the amount you agreed to in your contract.
Prices are market-driven — we simply apply a small markup. There's no extra weekend exchange fee for scheduled FX Forwards.
Learn more about FX Forwards.Forward contracts with Revolut Business are available for:
- the purchase or sale of identifiable goods or services
- exchanging money earned overseas to your base currency
- direct investments
- salary payments
You can only use FX Forwards for these allowed transactions. You can also choose between fixed contracts (which complete on a specific date) and flexible contracts (which let you complete the exchange within a set time window).
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 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 anytime between two future dates you choose, in one or more exchanges.