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

You guarantee the price of a non-convertible currency at a specific date.
On the due date, you won't receive the currency physically but it will be settled according to the difference with the contract price.
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

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

See Conditions 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.

Got a question?

The Bankinter Corporate help centre has the answer.

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