Bound

Bound helps finance teams at internationally active businesses manage the risks of paying or receiving money in foreign currencies. It can identify currency exposure from connected accounting, payment and spreadsheet sources, or be used without integrations, so teams can see where exchange-rate changes may affect cash flow and margins. Businesses can use Bound to convert currencies and set up hedges, including forwards that lock in a rate for a future payment, averaging strategies that spread conversions over time, and range-based strategies. The platform supports trade monitoring and adjustments, payment instructions, reporting and accounting reconciliation. It may suit companies that want to manage commercial FX exposure online, with optional help from FX specialists.

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