When you need to make international transactions, Webster has a wide range of payment methods to help you complete them.
- Electronic payments possible
- Foreign drafts available
- Overseas proceeds accepted
Conducting overseas financial transactions in U.S. Dollars or foreign currency doesn’t need to be complicated. At Webster, we’ll simplify the process and help you choose the best payment method for your company’s needs.
Webster Offers These International Payment Services
Wire Transfers – Webster can transmit payment instructions electronically to your client’s bank.
Foreign Drafts – We can issue a draft payable to your beneficiaries to be drawn on a bank in their country.
Clean Collection – This service allows Webster to send items to the paying bank for payment. Proceeds are received by Webster and credited to your account.
Provisional Credit – At Webster, we can provide provisional credit for checks that are payable in a foreign currency subject to collection and final payment.
Risk Management - Forward Contract – With Webster’s forward contract, we’ll buy or sell your foreign currency at an agreed exchange rate for delivery on a specified date, protecting you from unfavorable fluctuations in exchange rates. Non-deliverable forwards are an option when the standard forward is not available.
For more information on International Payments, please call us at 1-877-864-2037.
All credit facilities are subject to the normal credit approval process.