Definition
Foreign-currency forwards are instruments that offer a hedge against possible exchange-rate fluctuations.
Benefits
- Intercam can help you lock in the price of an asset in a future transaction, shielding you from market volatility.
- With Intercam, you will always find products tailored to your needs. Select the amount and term required for buying or selling foreign currency.
- Helps manage financial risks and improve financial planning.
- Intercam uses Humanizing Banking® as a complement to technology, a combination that ensures you enjoy quality service.
- Certified transactional transparency.
Requirements
- You must sign a standard-form derivatives trading agreement before beginning to trade with Intercam Banco
Required documentation:
List of products in that line of business
Caps and Floors
Forwards for Exchange Rate
Options for Exchange Rate
Corporations
- Deed of Incorporation (registered with the corresponding public record)
- Power(s) of attorney (registered in the corresponding public record, when appropriate)
- Official idea of legal representative(s)
- Proof of address (no older than 3 months)
- Advanced digital signature (FIEL), when applicable
- Letter of Real Ownership, when applicable
- Statement of tax compliance (no older than 1 month), including:
- RFC
- CURP
- Proof of legal address
- Economic activity
- Tax regime
Foreign Corporations
- Document of legal residence
- Apostille and/or legalization
- Power(s) of attorney (registered in the corresponding public record, when appropriate)
- Official idea of legal representative(s)
- Certificate of registry with Mexican finance authority (RFC) or equivalent
- Proof of address (no older than 3 months)
