Currency Risk Management Solutions for Business

Foreign Exchange Risk Management Solutions

When you plan your fiscal year are you taking volatile foreign exchange rates into account? Don't let an unpredictable market limit your growth.

Currency risk management is the technique of applying a variety of tools such as forward contracts and currency bids to account for and mitigate the effect a currency movement will have on your business. When a supplier's currency rises versus your own, that can eat into your bottom line. Western Union can help you create a risk management strategy for your company.

The Services:

Forward Contracts
Western Union offers both closed and open forward contracts. You lock in an exchange rate for currency to be purchased or sold in the future.

  • Book your contract up to a year in advance.
  • Draw down on the contract at your convenience.
  • Track payments with comprehensive reporting.

Exchange Rate Bidding Tools:
Take advantage of favorable market movements in any time zone, 24 hours a day, 7 days a week. Our FX specialists will help you to identify your target price and we'll execute a transaction when that rate is reached.

  • Help stabilize cash flow for better business planning.
  • Enjoy real-time exchange rates from industry specialists.
  • Get the most out of your foreign exchange transactions.

The Benefits:

Work armed with the knowledge you need:
Book forward contracts and exchange rate bids with the help of our foreign exchange risk management specialists. Lock in a desired exchange rate and know exactly how FX will affect your business to better forecast and budget.

Hedging strategies for your business: Our solutions take into account your current business practices, your currency exchange needs and your risk tolerance, as well as market and industry trends, so you can help protect profits and stabilize costs.

Hope for the best, plan for the worst:
Buying currency forward or identifying a rate that works for your business can help you better estimate future costs and balance your books. A well-executed hedging strategy will help protect your profits by allowing you to account for FX in your pricing, buying, forecasting, and budgeting strategies.

Contact Us Contact us to speak to a specialist about risk management solutions for your company.



Western Union Global Business Payments – Foreign exchange solutions for your business.

Western Union® Global Business Payments provides international payments and risk management solutions to businesses. Contact us today; help protect your profits and prosper in a volatile international market.

Western Union is proud to present our Western Union international payment and risk management services offered by Custom House (USA) Ltd., a Western Union company. Western Union acquired Custom House, a foreign exchange and international payments company, in 2009 and owns and operates Custom House along with its products and services under the Western Union name.