Forward Exchange Contracts (Hedging)
We can assist you by providing Forward Exchange Contracts for all currencies quoted by BSP helping to further minimize some of the risks involved in doing business internationally.
All Forward Exchange Contract rates are market priced.
*Customers will need to have an established commercial banking relationship with BSP
For more information
Contact your Treasury Sales Manager on:
- Phone +(675) 305 6700
- Treasury Corporate: email TreasuryCorporateFxSales@bsp.com.pg
- Relationship Manager or BSP Trade Finance: +(675) 305 7855 or email BSPTradeFinance@bsp.com.pg
* Foreign exchange hedging is currently suspended pursuant to the BPNG directive dated 22 July 2020. We anticipate that the current BPNG Exchange Control regulation, which prohibits FX hedging, will be revised in line with the anticipated liberalization of the FX markets in 2025-2026.