How to Drawdown from your open window forwards online. If you have an open window forward, you can draw down and make a payment to your beneficiary online, Monday - Friday, 08:30 - 17:30 (UK time) Guide to managing foreign exchange risk - forward contracts; Forward Contract Valuation. A forward contract has no value at the time it is first entered into (i.e., its net present value is zero). However, as the contract advances in time, it may acquire a positive or negative value. Therefore, it would be financially much better to mark the contract to market, i.e., to value it every day during its life. Say on 23rd April, an Importer asks for an option forward contract for the period 01 to 30-June, he is asked to pay premium for the full 66 days from 26-April to 30-June. Instead, he could have asked for a fixed date forward contract for value date 30-June.