Guidance

Local Currency Financing: eligible currencies

Updated 31 January 2025

Find out more about our Buyer Credit Facility. For the overseas borrower (and buyer) it reduces foreign currency risk and avoids a variable debt service cost.

In addition to the major tradable currencies (USD, EUR, and JPY), the following currencies are eligible for local currency financing.

1. Eligible currencies

  • Australia, Australian dollar
  • Azerbaijan, Azerbaijani Manat
  • Benin, CFA Franc
  • Botswana, Botswana pula
  • Brazil, Brazilian real
  • Brunei, Brunei Dollar
  • Bulgaria, Bulgarian lev
  • Cameroon, CFA Franc
  • Canada, Canadian dollar
  • Chile, Chilean peso
  • China, Chinese offshore yuan
  • Colombia, Colombian Peso
  • Cote d’Ivoire, CFA Franc
  • Czech Republic, Czech koruna
  • Denmark, Danish krone
  • Dominican Republic, Dominican peso
  • Georgia, Georgian Lari
  • Guatemala, Guatemalan Quetzal
  • Hong Kong, Hong Kong dollar
  • Hungary, Hungarian forint
  • Iceland, Icelandic krona
  • India, Indian rupee
  • Indonesia, Indonesian rupiah
  • Israel, Israeli new shekel
  • Jamaica, Jamaican Dollar
  • Kuwait, Kuwaiti dinar
  • Malaysia, Malaysian ringgit
  • Mauritius, Mauritian rupee
  • Mexico, Mexican peso
  • Morocco, Moroccan dirham
  • New Zealand, New Zealand dollar
  • Norway, Norwegian krone
  • Paraguay, Paraguayan Guarani
  • Peru, Peruvian sol
  • Philippines, Philippine peso
  • Poland, Polish zloty
  • Qatar, Qatari riyal
  • Romania, Romanian leu
  • Saudi Arabia, Saudi riyal
  • Senegal, CFA Franc
  • Serbia, Serbian dinar
  • Singapore, Singapore dollar
  • South Africa, South African rand
  • South Korea, South Korean won
  • Sweden, Swedish krona
  • Switzerland, Swiss franc
  • Taiwan, New Taiwan dollar
  • Thailand, Thai baht
  • Togo, CFA Franc
  • Trinidad and Tobago, Trinidad and Tobago dollar
  • United Arab Emirates (UAE), UAE dirham
  • Uruguay, Uruguayan peso
  • Vietnam, Vietnamese dong

To find out more about Local Currency Financing or to discuss eligibility for our support, contact our customer services team. Email customer.service@ukexportfinance.gov.uk or call +44 (0)20 7271 8010.