must be prepared to accept an (often limited) increase in the value of their debt if there are adverse movements in the currency markets. A successful currency manager may be able to use the currency markets to pay off a borrower's loan (through a combination of debt reduction and interest rate savings) within the normal lifetime of the loan, while the borrower pays on an interest only basis. A borrower can also choose from various products available at specialist money transfer providers e.g.; Forward Contracts and Currency options, where you can choose a future date for the transaction to take place. Both these products also allow a borrower to fix an exchange rate, which safeguards his money from the fluctuations in the currency market. Products facilitating ‘Regular Payment’ ensures that your mortgage payment is paid on the stipulated date as indicated by you thus preventing any default in payments. See also Hedge (finance) Exchange rate Foreign exchange market Wire transfer References Mortgage