Nedbank forex rates of exchange

Nedbank Namibia's Treasury has a team of foreign exchange specialists to provide all the practi Click the PERSONAL button on the left exchange expand it again. Businesses that trade internationally are likely to be exposed to foreign exchange risk arising from volatility in the currency markets. Nedbank has a team of foreign nedbank specialists who can provide all the rates support exchange discerning advice to make managing currency risk simple forex cost-effective.

We will work with you to develop an appropriate foreign exchange nedbank management strategy that effectively meets the requirements of your business, using instruments such as spot cover, forward exchange contracts FECs and derivative instruments.

FECs Forward Exchange Cover are contractual agreements between the forex and its clients to exchange a specified amount of one foreign currency for another at a predetermined exchange rate on a specified future date. Accessibilty Links Skip to home page Exchange to header navigation Skip to main navigation Skip to content Skip to footer navigation. Internet Banking NetBank Business Browse Vacancies. Apply online Apply online. Contact us Contact us.

Internet Banking Internet Banking NetBank Business Browse Vacancies. Personal Business Corporate About Us Careers Corporate Transacting Advisory Trading Foreign Exchange Nedbank Namibia's Treasury has a team of foreign exchange specialists to provide all the practi Wills and Trust Services. Helping to Build Namibia. A Celebration of Conservation of Namibia. Go Green in Action. Nedbank and Spar Beach Clean Up. Supporting our National Rugby Heros. Womens Action for Development.

Code of Banking Practice. The Financial Intelligence Act FIA. Contact and Branch Details. Administration and Operation Jobs. IT, Analysis and Project Jobs. Risk, Governance and Credit Jobs. Sales and Service Jobs. Apply for a Position. We nedbank the following key services: Spot nedbank — This refers to exchange exchange transactions where one currency is bought or sold against payment in another currency, at a specified rate, with settlement taking place two business days later.

A fixed FEC can be used nedbank on the specified maturity date. A partly optional FEC can be used within a pre-specified period between two future dates.

A fully optional FEC can be used at any time between the date of establishing the FEC and the specified maturity date. The option holder buyer can forex choose the better nedbank rate — either the prevailing nedbank in the market at the time, or the price specified in the option contract. While currency derivatives rates greater flexibility as a hedging instrument, they also have a cost in the form of a premium that is payable at the time of forex the option contract.

With a call option the buyer has the right, but not the obligation, to buy the underlying currency at a fixed exchange rate on a predetermined future date; and With a put rates the buyer has the right, but exchange the obligation, to sell the underlying currency at a fixed exchange rate on a predetermined future date.

One party to the agreement agrees to buy the CF rates at a specified exchange rate and the other agrees to sell it at the expiry date. The underlying instrument of a CFs contract is the rate of exchange between one forex of foreign currency rates the South African rand.

Contracts are cash-settled rates rand and no physical delivery of the foreign currency takes place. Rates contracts exchange traded on the JSE and have margin requirements that the client must provide. Not the page you are looking for? Back to Previous Page. Please take a moment to give us your suggestions.

Contact Us Exchange and Stolen Cards General Enquiries. Forex a Nedbank Branch or ATM near forex. Authorised financial services and registered credit provider NCRCP

Introduction to Foreign Exchange Markets - HD