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Foreign Currency Account


Capital Markets

Bryn Mawr Trust provides Foreign Currency Accounts to help our customers expand and optimize their international business. BMT offers thirteen different currencies, in which our customers can hold funds. Foreign currency accounts are linked to the customer’s USD account. 

BMT foreign exchange specialists will assist with account setup and management. Every customer’s need is different; at BMT we take time to analyze our customer’s requirements to offer the best solution. An appropriate action plan will optimize the international opportunities for each currency account. 


Uses

  • Purchase and hold currency for future payments
  • Receive currency payments to distribute or repatriate  later
  • Diversify currency holdings/investments
  • Avoid crossing bid/offer by netting two-way flow

Benefits

  • No minimum balance
  • Consolidated incoming and outgoing wires – optimized cash flows
  • Flexibility to respond to market conditions
  • Rapid fund settlement
  • Reduced costs associated with FX conversion

Currencies Offered

  • Australian Dollar
  • British Pound
  • Canadian Dollar
  • Euro
  • Israeli Shekel
  • Japanese Yen
  • New Zealand Dollar
  • Norwegian Krona
  • South African Rand
  • Swedish Krona
  • Swiss Franc
  • Turkish Lira
  • Mexican Peso

Learn more about BMT Capital Markets