Forward

PASHA Bank Forward can be used by large enterprises, as well as medium and small enterprises with annual turnover exceeding one million GEL, or with a potential to achieve this figure in the near future.

Forward contract is an obligation to purchase or sell currency or some other assets at an agreed-upon price in the future. For instance, through the use of Currency Forward Contracts client can lock in favorable exchange rate at a given date while settling the contract at some point in the future.