International Payment Methods and Solutions for Businesses

Spot contracts provide a solution to short term currency exposure with quick foreign exchange settlements.

Forward Contracts help you manage your cash flow  and future payment risk by locking in exchange rates- up to 12 months.
Forward Contracts therefore help provide cost and pricing certainty on supply and sales contracts due to be settled in the

future.
Window Forward Contracts must also be settled by the maturity date but enable you to make multiple drawdowns throughout

the duration of the contract. There is no minimum drawdown amount and drawdowns can be made to different beneficiaries
Blended Transactions allow you to add additional funds to a drawdown from a Forward Contract. They add rate flexibility

when booking Forward Contracts and help avoid paying fees twice when you only really need to make one final payment.

There are two types of risk when you are managing a business with exposure to foreign currency:

• Transactional risk
  where you have contractual cash flows – such as receivables and payables denominated in a foreign currency – that are liable to change in line with exchange rate fluctuations. 
• Translation risk
  the extent to which financial reporting is affected by exchange rate movements.

Paying in a supplier's currency is usually the most efficient – although it depends on the nature of your business. You can

complete the transaction on local terms and control when you accept the foreign exchange rate.

The information contained in this webpage has been prepared without taking into account your objectives, financial situation or needs. You should consider the appropriateness of International Payments in relation to your individual requirements.

For further information, please refer to the relevant Terms and Conditions

FX International Payments are arranged through American Express International Inc., (UEN S68FC1878J) Incorporated with Limited Liability in the State of Delaware, U.S.A. with a place of business at 10 Marina Boulevard #15-00 Marina Bay Financial Centre, Singapore 018983.

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