Dynamic hedging is a strategy that involves rebalancing
hedge positions as market conditions change. With our innovative forex hedging
facilities we can actively manage your foreign currency exposure by anticipated
foreign commitments like dividends and tenders without lodging the supporting
paperwork immediately with the authorities.
Whether you are a resident or non-resident, you can enter
into a hedging contract with a term of up to six months without immediate proof
of the anticipated foreign liabilities or obligations. If the anticipated
foreign commitment does not materialise, you’re able to surrender the contract
through a swap. However, any profit or loss must be settled in rands.
Contracts may only be made through an authorised dealer and
cannot be taken out on a trading platform or through foreign parties. To find
out more about Bidvest Bank’s foreign exchange hedging facility, contact us on
0860 11 11 77.