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Foreign Exchange Services for First Republic
We Understand Foreign Exchange
Today's marketplaces are highly global and increasingly complex. The Foreign Exchange team at First Republic Bank understands the myriad of risks inherent in today's currency markets and is available to manage your foreign currency cash flow risks with our comprehensive suite of cutting-edge strategies and services.
Whatever you are doing that involves a foreign currency, be it buying or selling a home overseas, paying your foreign suppliers or acquiring a company in a foreign country, we can advise you. Our services can help you stabilize the price in an unstable market, and our level of service-from inception of the transaction to its delivery to the beneficiary-will give you the peace of mind to focus your efforts on your daily business.
We can deal in virtually all freely traded and non-restricted currencies through our offices in Boston, New York, Los Angeles and San Francisco. Given our direct access to global markets, we offer highly competitive pricing, regardless of transaction size or currency pair.
We understand that managing foreign exchange risk requires careful thought and analysis. Unprotected currency positions are vulnerable to considerable risks, which may include exchange rate movements and economic exposure. At First Republic, we help clients develop hedging strategies to protect international investments and remain competitive in a global market place. We act as an objective intermediary in these transactions, serving as the client's advocate.
We Offer Customized Solutions
We recognize that foreign exchange transactions may be an important part of your business and we take a customized approach to this. We offer complete foreign exchange capabilities, from international wire transfers, to spot and forward contracts, to unique derivative strategies which are tailored to meet your specific financial objectives.
We understand that foreign exchange rate volatility has various impacts-from cash flow, to investment returns to earnings. At First Republic, we work on a consultative basis to assist you in managing your foreign exchange exposure.
We Offer a Full Range of Foreign Exchange Products and Services
- Spot Contracts for immediate delivery of foreign currency payments or for conversion of foreign currency receipts into U.S. dollars.
- Forward Contracts and Forward Window Contracts to lock in exchange rates for a specific future date or a range of dates in order to eliminate the impact of adverse currency movements.
- Currency Swaps to manage cash flows and hedge against well-known maturity dates. Swaps allow two parties to exchange a given amount of one currency for another, and after a specified period of time, to return the original amounts swapped.
- Non-Deliverable Forward Contracts to hedge exposures in emerging market currencies where a conventional forward market does not exist or is restricted. Non-deliverable forwards are settled in U.S. dollars and involve no physical exchange of foreign currency.
- Currency Options Contracts for the right, but not the obligation, to buy or sell foreign currency at future dates. These are particularly useful to hedge an uncertain or contingent exposure, such as one that involves tendering for a contract.
- Structured Solutions and Tailored Hedging Strategies to meet each client's objectives. Our team of experts has extensive experience in structuring hedging solutions designed around your individual requirements and the specifics of your currency exposure.
For further information, please contact one of our First Republic Foreign Exchange Specialists at (877) 888-0177. You can also E-mail us.
