International Drafts

Various CurrenciesSome clients prefer to send foreign drafts to their suppliers rather than wire funds directly to their account.  Drafts do not incur charges whereas wire payments do.

A foreign draft is a check denominated in foreign currency that is drawn against funds deposited in a foreign bank. Foreign drafts clear locally in the beneficiary’s home country and are one of the most convenient and economical ways to make overseas payments. Bendix Foreign Exchange & Payment Solutions offers foreign drafts in a wide range of currencies.