Bankers Trust Wire Transfer and Draft Services facilitate the rapid transfer of funds to and from points around the world in order to settle transactions associated with the purchase and sale of goods and services. Your company must maintain a commercial account with Bankers Trust Company to use our Wire Transfer and Draft Services.
Bankers Trust Banker’s Acceptance Financing Service provides the necessary financing to facilitate payment for your company’s short-term international trade activities. Banker’s Acceptances can be used by buyers or sellers to finance imports and exports between the United States and foreign countries, affording our clients the opportunity to offer attractive trading terms to their buyers
Export and Import Documentary Collection Services are used in the purchase and sale of goods in foreign markets. Bankers Trust acts as your company’s agent by facilitating the exchange of shipping documents for payment or the promise to pay, according to the terms of the transaction.
Standby Letters of Credit
Standby Letters of Credit protect international or domestic business transactions by requiring the issuing bank to pay a specific sum on demand when certain conditions in an agreement or contract have not been met. Standby Letters of Credit are used to secure bid and performance bonds, to support self-insurance and reinsurance activities, and to secure open account payment terms. Bankers Trust will issue letters of credit on your company’s behalf or can assist you by receiving letters of credit on your behalf. Your company must have a Bankers Trust Commercial Loan Officer assigned to your account to use our Standby Letter of Credit Services.
International Cash Letter
Foreign currency checks may be deposited and available as credit within a few days after deposit.*
Global Remittance/Funds Transfers
Bankers Trust’s Wire Transfer and Draft services quickly, accurately, and securely settle transactions associated with the purchase or sale of goods and services overseas. Do you need to pay or receive funds in a currency other than U.S. Dollars? No problem! We have the ability to deliver or receive payments in over 30 different currencies.