Forward Exchange Contracts (FEC)

A Forward Exchange Contract (FEC) lets your business lock in an exchange rate for a future international transaction. This helps protect your business from currency fluctuations, giving you more control over costs and cash flow.

How FECs Help Your Business

FECs secure today’s exchange rate for a transaction you want to make in the future. This means your business won’t be impacted by currency changes, helping you plan ahead with confidence. For example, if you need to pay an overseas supplier in three months, you can lock in today’s rate and avoid paying more if the currency value changes.

Major Currencies You Can Access

Ready to fix your currency rates? Contact BSP Customer Service at (+676) 20800 or email: BSPTonga@bsp.com.pg.

Find a Branch or ATM Near You

For more information contact:

Head of Treasury:

Phone: (+676) 20-8013

Email: NSchaumkel@bsp.com.pg

Money Market Dealers:

Phone: (+676) 20-853

Phone: (+676) 20-852

Email: MFeke@bsp.com.pg

Email: EAmituanai@bsp.com.pg