Protect your business margins effectively with HanzePay's flexible term contracts

Operating outside the Eurozone inevitably entails currency risks for your business. Constant fluctuations in exchange rates can affect the value of amounts expressed in euros, putting pressure on your profit margins. Fortunately, it offers HanzePay a simple and cost-effective solution to limit these risks: forward currency contracts.
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What are forward contract at HanzePay?

A forward transaction is a financial instrument that allows you to hedge the exchange rate risks of Forward foreign currency transactions.

If you expect to receive or pay an amount in a foreign currency in the coming weeks or months, a forward currency transaction can provide you with advance certainty about the exchange rate for that specific amount.

This way you can protect yourself against unwanted fluctuations in the exchange rate and you have clarity in advance about the amount you will receive or pay in your own currency.

How does it work at HanzePay?

In a flexible forward transaction we fix one exchange rate, also called the forward rate, for a certain amount and a certain period.
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All Forward world payments in foreign currency or exchanges into euros will take place at this fixed exchange rate until the balance is used up.
Entering into a flexible term transaction is simple and can easily be arranged through the platform. You indicate the period for which you expect payments and the total amount you want to cover
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After your agreement, you will receive a competitive flexible term interest rate from us. Once the transaction is confirmed, we require an initial 5% deposit

Are you expecting a payment in foreign currency?

with the payment details, including the amount you want to transfer and the beneficiary details. The transaction is executed at the determined forward rate, after which we pay the beneficiary very quickly. The balance of the forward transaction is then reduced by the amount paid. For every forward transaction we require a deposit of 3% to 5% on the total amount.
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Protect your business against currency risks and maximize your financial stability with HanzePay's flexible forward contracts.
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Contact details for the Netherlands
+31 38 202 28 83info@hanzepay.com
Grote Voort 247
8041 BL Zwolle

For clients based in the European Economic Area: Payment services (non-mifid payments/services) for HanzePay BV are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 - 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).

For clients based in the United States: Payment services (non-mifid payments/services) for HanzePay BV are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011.

For clients based in the United Kingdom and rest of the world: Payment services (non-mifid payments/services) for HanzePay BV are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).

HanzePay BV is a company registered in the Netherlands (number 84599200). Foreign exchange services are provided by Assure Hedge (UK) Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 783837) and is a company registered in England and Wales (number 10723112). The registered address is 45 Eagle Street, London WC1R 4FS, United

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