Presentation

Once negotiations are completed, Foreign Exchange Contract Insurance allows the company to set the forward rate of the currency in order to stabilize contract proceeds in that currency. The insurance thus neutralises foreign exchange risk.
Insured currencies: USD, GBP, CHF, CAD, SGD, JPY, NOK, SEK, DKK, AUD, NZD

This insurance is designed for companies established in France and entering into a foreign -currency export contract.

Benefits

Any foreign exchange loss recorded at the payment dates relative to the covered forward rate is fully covered.

Management flexibility in the event of deferred or early payment.

How much?

The premium rate is based on the insured currency and the time required to obtain the entry into force, applied to the covered amount. The premium, invoiced in EUR, is payable in full, once the insured forward rate is set.

About the Exchange risk insurance

In conducting Over The Counter trades, your buyer sometimes imposes an offer in a currency other than the euro to sign the contract. You are a French exporter and would like to avoid any foreign exchange risk. Bpifrance Assurance Export protects your local-currency exports by setting a fixed exchange rate.

Exchange Rate Insurance meets your needs and is tailored to your transactions:

• By protecting you against foreign exchange risk on offer prices denominated in a foreign currency thanks to the foreign exchange trade insurance,
• By allowing you to finalize more advanced deals denominated in local currencies without incurring exchange rate risk against the euro thanks to the foreign exchange contract insurance,
• By allowing you to secure your USD and GBP trade flows thanks to the foreign exchange invoice payment flows insurance.