Foreign Drafts
Foreign Drafts
Feel at home with overseas payments
Make foreign currency
payments with confidence. Foreign Drafts from AcendTrust Bank provide your business with a secure method of settling overseas invoices.
Flexible
and reliable, it’s the ideal cost-effective solution for non-urgent
transactions.
Guaranteed by the drawer’s bank – prevents drafts
being returned unpaid
Available in selected currencies, including
Sterling
Can be sent directly to beneficiaries with a note of advice
More Benefits
Secure – guaranteed payment by the drawer’s bank; the draft cannot be
returned unpaid unless lost or stolen
Complementary Solutions
Foreign Currency Current Account
Foreign Exchange
Important Information
No minimum amount
Limited to $100,000 or
$150,000 (Australian, Canadian, New Zealand and US)
Alternative option –
SWIFT
Costs
Standard charges can be found in the interest rates and
charges section. Speak to your Relationship Manager for more details
Terms and conditions:-
All application fields are mandatory and must be completed
Forms
must bear proper authorisations from your branch or Business & Private
Banking Centre
Full terms and conditions are available on
request
† Whilst payment is guaranteed by the drawers bank; in certain
circumstances, it may be returned unpaid to the beneficiary (i.e. if the
Foreign Draft is reported lost or stolen, or the Foreign Draft is unable to be
processed by the beneficiary’s bank).