Foreign Exchange

KBC Bank Ireland offers a range of foreign exchange services through its Corporate Treasury division.

Spot & Forward Exchange

A spot contract is a binding contract to buy or sell an amount of foreign currency at the current market rate, for settlement in two business days' time.

We can also provide a same day foreign exchange service.

A forward exchange contract (or forward contract) is a binding obligation to buy or sell a certain amount of foreign currency at a pre-agreed rate of exchange, on a certain future date.