NBC Foreign Exchange Options allow you to benefit from favorable exchange rate movements. These options are less risky and are highly recommended for import and export.
NBC Forex options and benefits
Benefits
- Cost-effective
- Can be used to limit losses
- Higher potential returns
We offer the following FX options for importers and exporters
| Call option (exporters) | Put option (importers) | |
|---|---|---|
| Favourable | Depreciating TZS | Appreciating TZS |
| Benefit | Receive more TZS from exchanging foreign currency | Exchange less TZS to obtain foreign currency amount |
| Exercise | Yes. If spot exchange rate is greater than strike rate (agreed rate) | Yes. If spot exchange rate is less than strike rate |
Need more information or assistance?
Call us:
+255 76 898 0500 | +255 76 898 4011
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