Non-Deliverable Forward Contracts Minimise your currency risk Manage your risk against exotic non-deliverable currencies or for balance sheet hedging. Get Started Our solution Transact seamlessly in currencies with limited direct access Manage your exposure in markets with capital controls and government restrictions. Protection Protect your balance sheet from FX fluctuations without physically exchanging currencies. Liquidity Access increased market liquidity in restricted currency markets. Customised Tailor the maturity date and the notional amount to meet your needs and goals. Our approach Mitigate currency risk in restricted markets in 3 steps Lock in an exchange rate and worry less about the exchange rate movements. Fix Fix an NDF for an agreed amount of currency at a predefined forward rate and maturity. Compare On the due date, we compare the set forward rate to the fixing rate. Settle Pay or receive the difference in the USD, GBP, EUR, or CHF on maturity. Hedging products Discover our complete suite of hedging products Scalable FX risk management strategies for companies of any size. Explore Hedge Forward Contracts Secure a guaranteed FX rate for your overseas cash flows. Spot FX & Limit Orders Convert at market-leading rates or buy or sell currencies at a set price. Grow with FX Global Unlock access to restricted currencies Access risk management strategies to meet your budget, duration, risk appetite and currency pair. CompetitiveEnjoy low-cost FX rates and optimise savings. PersonalAccess dedicated support to design and implement your hedging strategy. FlexibleGet NDF contracts for a maximum of 10 years. Manage your currency exposure Transact and thrive globally with confidence. Get started