Why should my business consider locking FX rates? 

Locking FX rates lets your business fix today’s forward exchange rate for a future international payment—up to 6 months in advance. This gives you cost certainty, shields your profit margins from currency fluctuations, and gives you more control over costs when making recurring international payments like payroll, supplier payments, intra-company or loan installments. 

This kind of forward foreign exchange strategy is especially useful for businesses that value predictability in cash flow.