See the currency risk, not just the rate.

Identify the currencies involved, expected payment dates and the amounts that are certain or still provisional. Distinguish an operational payment from a speculative position.

Ask about the exchange rate, spread, transfer charges and receiving-bank fees. Confirm settlement instructions and timing with the relevant provider before releasing funds.

Exchange rates can move before a transaction settles. Any specialist hedging or execution arrangement requires an explanation of its risks, eligibility and contractual terms.