Bryn Mawr Trust provides market expertise and payment solutions that help organizations and individuals manage international transactions. BMT’s dedicated Foreign Exchange team can help you manage the complexities of cross-border transactions and foreign exchange.
Matching the Payment Method With Your Requirements
|International USD Wires||International Foreign Currency Wires||Sending USD Checks||Foreign Currency Drafts||International Check Clearing and Collection|
|Description||Wire transfers of US dollars originating from accounts within the United States to bank accounts outside the United States.||Foreign currency (FX) wire transfers sent to bank accounts located outside the United States.||Writing a US dollar check against an account domiciled in the United States||Foreign currency denominated bank checks drawn on a bank local to the recipient.||Checks drawn on an international bank can be deposited into your account to be cleared or placed on collection.|
|Recommendation||Only send USD internationally if the receiving party specifically requested USD and holds a USD account.||This is the best option for sending funds internationally.||Not recommended for small amounts as the amount of the check will likely be offset by the fees charged by the recipient bank.||Best option for small amounts.||The practicality of receiving checks drawn on banks outside of the United States varies by currency and country. Please check with our International Services experts for more information.|