If you are an exporter, then the last thing you want to know about is peak rates...that is, unless you are looking at it from the foreign point of view. Consequently, when the importers are in tears about a depreciating local dollar, the exporters are happy as can be.

What the importers don't tend to realise is that when the local dollar is beginning to take a rapid fall, it is often the exporters that come to rescue by taking advantage of the lower cost to buy the local currency. This provides a level of support for the local currency and stop an ongoing landslide.

Our strategies for exporters and importers are the same...but opposite at the same time. So rather than calling you when the rates are high, we'll call you when the rates are low.

Alternatively, if you are paid by your customers in a foreign currency, you can have them send the funds directly to our settlement accounts so that you minimise your transaction costs and getting a better rate when changing it to the local currency.