Fixed Forward Transactions | Overview | Foreign Exchange And Currency

Fixed Forward Transaction

A Fixed Forward Transaction lets you fix the exchange rate for a foreign exchange transfer you want to make on a set date in the future.

How it works

You decide how much you want to exchange - and when you want to make the transfer. This could be next week, next month or in a year's time. When you've given us the details, we'll fix the exchange rate - so it's guaranteed for your transfer, whatever happens to the currency markets.

You can exchange any amount (up to the agreed total) anytime you want between the start and the end dates of the transfer period - as long as you've exchanged the full amount by the end date.

What it's good for?

  • Buying property overseas
  • Making other large purchases in another currency
  • Converting a bonus payment into your home currency

The details

Minimum transfer amount is GBP 10,000 (or the currency equivalent). Transfer date can be agreed up to 12 months in advance - or even further ahead for some currencies

Got a question?

You can find the answer in our list of FAQs
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Call us to find out more

Already a customer call:

+44 1534 616 162


Please have your 10 digit PBN and six digit PIN to hand before you call.

New to HSBC Expat call:
+44 1534 616 055

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Talk to a specialist

Have over £60,000 (or currency equivalent) to transfer? Talk to our foreign exchange Specialists, between 8am and 5pm GMT, Monday to Friday.

Find out how