Term
Securing an exchange rate for commercial transactions
Term by AFORTI.BIZ is a solution designed for companies that want to reserve an exchange rate for a future settlement date of a commercial transaction – up to 12 months ahead. This allows you to better plan costs and revenues related to payments for goods or services in foreign currencies.
It is a tool for entrepreneurs carrying out international settlements who want to limit the impact of unfavourable exchange rate fluctuations on their margin, budget and company liquidity.
Why use Term by AFORTI.BIZ?
- Predictability of costs and revenues – you know the exchange rate before the transaction settlement date.
- Margin protection – you reduce the risk that exchange rate movements will lower the profitability of a commercial transaction.
- Financial stability – you can plan your budget, payments and foreign currency inflows more easily.
- Flexible settlement date – you choose a settlement date adjusted to the payment schedule for goods or services.
- Competitive terms – you benefit from transparent rules and terms tailored to your company’s needs.
Who is Term for?
Term is intended for companies that carry out actual commercial transactions in foreign currencies and want to secure an exchange rate for future payments or receivables.
The solution may be used by, among others:
- importers planning payments for goods or services in a foreign currency,
- exporters expecting receivables from foreign contractors,
- companies making international settlements,
- businesses that want to better plan margins and costs of commercial transactions,
- companies that need greater predictability in managing foreign currency payments.
How does Term by AFORTI.BIZ work?
As part of Term, you can reserve an exchange rate for a selected future settlement date – up to 12 months ahead. You set the currency, amount and settlement date, and the exchange rate is known at the moment the transaction is concluded.
This means your company knows in advance how much it will pay or receive in connection with a commercial settlement in a foreign currency. It makes budget planning easier and reduces uncertainty resulting from exchange rate volatility.
Important information about the Term service
By entering into transactions within the Term service, the platform user confirms and declares – under penalty of liability for damages – that such transactions will be concluded exclusively to facilitate payments for clearly identifiable goods or services related to their business operations, and that they are not a financial counterparty as defined in Article 2(8) of Regulation (EU) No 648/2012.
Act in advance and give your company greater predictability in a volatile currency environment.
Get more information: +48 22 647 50 30