Helping your business eliminate uncertainty and meet its objectives.
If your business is trading internationally, you may generate revenues in different currencies. This will expose you to foreign exchange rate risk, where adverse currency movements may reduce or eliminate the margin you earn on the underlying transaction. At Allied Irish Bank (GB), we will help you to fully understand your foreign exchange exposures and guide you on how to best minimise your currency risk. We offer competitive pricing and innovative and relevant risk management solutions tailored to your business needs.
There are two main types of foreign exchange risk management products available:
1. Spot Foreign Exchange: an immediate Foreign Exchange Deal that is settled two working days later. This type of transaction can be managed by leaving market orders with the trading desks.