Foreign exchange contract insurance

Fix an exchange rate no later than fifteen days after signing the commercial contract and until the last payment date

The advantages of Foreign exchange contract insurance

For the exporter

Allows the conversion rate to be frozen to stabilize future foreign currency receipts
Possibility of having management flexibility in the event of postponement or anticipation of payment deadlines
No minimum amount required
100% compensation is paid on payment due dates, in the event of an exchange loss observed in relation to the guaranteed rate.
Speed: decision-making within 48 hours

Our Foreign exchange contract insurance solution

The essentials to know

Neutralizes the exchange rate risk associated with signing a commercial contract in a foreign currency.

With each payment, comparison of the guaranteed rate vs. the daily rate:

if you have a loss in exchange rate, you are compensated 100%;
If a foreign exchange profit is realized, it will be paid to Bpifrance.

Eligible insured persons

French companies, regardless of size and sector of activity (excluding international trade)

Conditions of eligibility for Foreign exchange contract insurance

French part

Minimum French share of 20% or company holding an Export Pass

Eligible countries

All countries are eligible except those excluded under Export Financing Policy

General conditions apply

Having signed the subscription policy

Financial conditions

Prime:

Flat rate determined according to the guaranteed currency and the validity period (6, 9 or 12 months) applied to the guaranteed amount;
The premium is invoiced in euros and is payable upon determination of the guaranteed price, it being specified that a minimum premium of €150 is applied.

The characteristics of the Foreign exchange contract insurance

Eligible currencies

US Dollar, Pound Sterling, Swiss Franc, Canadian Dollar, Singapore Dollar, Yen, Norwegian Krone, Swedish Krona, Danish Krone, Australian Dollar, New Zealand Dollar.

Subscription

You are already a Change Insurance customer and have a subscriber account: Your online space

You do not have a subscriber account and wish to submit the insurance contract change form by email to assurance-export-change@bpifrance.fr

Need help? Contact the dedicated foreign exchange insurance service: assurance-export-change@bpifrance.fr

They benefited from our offer

Fabian
VAL

CORRUGATED LEATHER MACHINERY

President

Foreign Exchange Insurance allows us to prepare quotes for our client in their own currency. This allows us to work in both dollars and pounds sterling at the same time as we create the quote, so we can do so well in advance, and we no longer have to worry about risk. It's a great tool!

Pascal
GUASP

MICR'EAU

President

To my knowledge, Bpifrance is the only company in Europe that can cover this type of risk, and I recommend it to all businesses and SME friends. Foreign Exchange Insurance is a simple and quick tool that has eliminated a major concern for us: currency fluctuations during the negotiation phase. Thanks again, Bpifrance.