From now on, customers who use the foreign exchanges like GBP, CHF or JPY can also fixed the exchange rates.Kuveyt Turk has launched forward agreements almost one year ago. According to the basic philosophy behind Kuveyt Turk Services and Products is to make our customers life much easier, we added new foreign exchange rates, GBP, CHF and JPY in forward rate agreements. Henceforth, transactions can be done not only in TRY/Foreign currency (USD and EUR) parity, but also in different parities.
The aim of this product is to protect our customers, who are related with import and export, from fluctuations in exchange rates. It eliminates uncertainty for companies with future value date receivables and payables.
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