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Commercial Foreign Exchange Services
Get a range of commercial Foreign Exchange (FX) solutions tailored to your global business needs.
The TD Foreign Exchange Services advantage
Talk to a Commercial Banking Specialist
Already a customer? Call your TD Relationship Manager.
Foreign exchange solutions
Whether you have operations in foreign countries, are exporting or importing goods, or send or receive wires or checks outside the U.S., you'll benefit from our customized, flexible solutions.
- Tailored FX products and services
Get the right solution for your risk tolerance, timeline and constraints, whether it's a straightforward currency conversion or a sophisticated hedging strategy - Simple and secure trading channels
Trade through our online platform TDFXTM or by phone with our trading desk. Our expertise and economic insights can help you develop a customized, flexible strategy based on your goals
- International FX payments
Send or receive payments in over 40 currencies; upfront conversion into foreign currency may result in significant savings
Trade online with TDFX
Trade online in up to 25+ different currencies with real-time quotes and direct execution of your transactions.
FX products
Work with a Foreign Exchange professional to choose the right option for your business needs.
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Spot Contracts |
Forward Contracts |
FX Options |
Window Forward Contracts (Draw downs) |
Foreign Exchange Swaps |
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How it works |
Purchase or sale based on current value of foreign currency for settlement within two business days. |
Purchase or sale of foreign currency for settlement on a future value date beyond two business days. |
For a preset premium, obtain the right but not the obligation to purchase or sell a currency on a future value date at a set strike. |
Purchase or sale of foreign currency for settlement in whole or in part over a customized range of future value dates. |
Simultaneous purchase (sale) and sale (purchase) of foreign currency for two different value dates. |
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Benefits |
Buy or sell currency as you need it. |
Protect yourself from future fluctuations in foreign currency rates by locking in a rate for delivery on a future settlement date. |
Mitigate your risks from future fluctuations in foreign currency rates while retaining participation in market moves. |
Protect yourself from future fluctuations in foreign currency rates by locking in a single rate with flexibility to specify delivery over several settlement dates. |
Enables you to reduce risk and limit trading costs by executing offsetting trades simultaneously. |
More commercial banking solutions
Interested in learning more?
Pre-approval required based on credit review and applicable regulatory requirements. Foreign Exchange (FX) products and services are provided by TD Bank, N.A. and its affiliates, including The Toronto-Dominion Bank and TD Securities (USA) LLC.
Loans subject to credit approval. Some credit restrictions may apply. Other terms and conditions may apply. Equal Housing Lender 
You are advised to consult with your accounting or tax expert before accepting any financial products.
Our products do not protect against a sudden or unexpected short term move in exchange rates and may result in a loss. Prior to entering into any transaction, you should determine the financial suitability, risks and merits of the transaction, including all economic, legal, tax, accounting or any other consequences associated therewith, using your own independent judgment and without reliance upon TD or its affiliates. You should consider seeking advice from your own advisors in making these assessments, including professional, tax, accounting, legal, regulatory and other advisors.