NDF - Non-deliverable Forward
Colombia, Chile, Brazil, India, Peru, Malaysia, Kazakhstan... Other currencies, other insurance products
With non-deliverable forward transactions you can minimise the exchange-rate risk for currencies that are listed but can't be delivered physically or paid into an account. So you'll have more peace of mind for your transactions abroad, whatever the country.
- Ideal for companies and subsidiaries operating in emerging countries.
More security thanks to greater certainty in your international transactions:
Less volatility with non-convertible currencies.
Certainty in the valuation of the commercial results obtained by the subsidiaries.
Adjusted forecast of the result of the transaction.
How NDF works
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You guarantee the price of a non-convertible currency at a specific date.
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On the due date, you won't receive the currency physically but it will be settled according to the difference with the contract price.
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Depending on the difference, you'll receive a credit or debit for the difference between the contract price and the market price.
Insurable currency exchange through NDF
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Chilean peso - CLP -
Taiwan dollar - TWD -
Indian rupee - INR -
Israeli shekel - ILS -
Kazakh tenge - KZT -
South Korean won - KRW -
Malaysian ringgit - MYR -
Pakistani rupee - PKR -
Sol peruano - PEN -
Peso filipino - PHP -
Grivna ucraniana - UAH -
Real brasileño - BRL -
Peso colombiano - COP -
Chelín ugandés - UGX -
Chelín keniano - KES -
Rupia indonesia - IDR
Conditions
The pre-contractual information for PRIIP investment products and the key information documents are available on our website https://www.bankinter.com/banca/nav/documentos-datos-fundamentales.
To subscribe to this product, you must have already set up a risk facility with a high enough limit for forward transactions.