Are fluctuating energy prices impacting the profitability of your business? Our fuel swaps can help. Enjoy the security of fixed fuel prices at any time.
Contact your account manager.
Decide on a term,1 start date and fuel volume (usually calculated monthly).
Negotiate a fixed price (swap price) with National Bank.
Buy fuel from the supplier of your choice, at the price offered at the time of purchase.2
At the end of the term, settle up any difference between the market price and the swap price.
National Bank will pay you the difference between the swap price and the market price for the value of the contract.
You will pay National Bank the difference between the swap price and the market price for the quantity negotiated for the swap.
TM National Bank Business Central is a trademark of National Bank of Canada.
1 Term of one month to three years
2 Price available at the time of purchase: current market price (spot price) +/- local cash basis.
This content is for information purposes only and does not constitute an offer or solicitation to buy or sell any securities or financial products. Users must individually evaluate the benefits of a particular transaction, in consultation with their own professional advisors to determine whether the terms and risks of the transaction are appropriate for their specific needs.
3 Subject to credit approval by National Bank of Canada.