Forward Exchange Contracts (FEC)

A Forward Exchange Contracts (FEC) are currently prohibited by the Bank of Papua New Guinea.

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? Call us at (+675) 320 1212 or 7030 1212, or enquire online

For more information contact:

Market Sales Manager: +(675) 305 6700

Markets Corporate FX Sales: _MarketsCorporateFxSales@bsp.com.pg

Relationship Manager / Trade Finance: +(675) 305 7855

BSP Trade Finance: BSPTradeFinance@bsp.com.pg