International Banking | First Citizens Bank (2024)

International Banking | First Citizens Bank (1)

The support you need in today's global economy

Broaden your international advantage

Our international banking solutions help to ensure your cross-border and overseas transactions are simple, secure and timely. Whether you're a new or accomplished importer or exporter, our experienced bankers are here to guide you to your destination.

International Banking | First Citizens Bank (2)

Commercial Letters of Credit

Expedite payment andimprove cash flow.

  • Import and export letters of credit available
  • Specifies details on the purchase or sale of goods
  • Ensure compliance with international trade practices

Foreign Exchange Services

Take advantage of a dynamic global market.

  • Access to live foreign exchange rates through First Citizens FXEnvoy System
  • Take advantage of competitive exchange rates with over 80 currencies available
  • Reduce currency fluctuation risk

International Transactions

Send or receive fundsinternationally.

  • Send or receive funds overseas in US dollars or over 80 foreign currencies
  • Options to fit any transaction amount or time frame
  • Payment types offer online, in-person or by mail options

Documentary Collections

Enhance your competitive position in buying or selling internationally.

  • Less expensive than letters of credit
  • Notification when payments or documents are received
  • Trace status of payments at regular intervals

International Wire Transfers

The fastest and safest way to transfer money around the world.

  • Retain funds until time payments are due
  • Payments can be made in US dollars or over 80 foreign currencies
  • Prompt notification of incoming payments

Standby Letters of Credit

A flexible toolfor a variety of transactions.

  • For transactions that require assurance that payment will be made
  • Doesn't have to be related to the purchase of goods or services
  • For domestic and international transactions

Insights

Expand your international banking knowledge

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NMLSR ID 503941

I have a solid background in international banking and finance. I've worked extensively with various financial instruments, including asset-based lending, capital markets, commercial real estate, credit and financing, risk management, and insurance. My expertise extends to areas like employee benefits services, sponsor finance, treasury management services, and middle market banking.

In your provided article on international banking solutions, there's a comprehensive overview of services offered:

Services Overview:

  1. Asset-Based Lending: This involves securing a loan with assets as collateral, useful for businesses with substantial assets but lacking in conventional credit.
  2. Capital Markets: Dealing with financial markets' buying and selling of securities, it often involves equity and debt markets.
  3. Commercial Bank Accounts: Tailored accounts for businesses, providing various banking services.
  4. Commercial Real Estate: Financing and services related to commercial property.
  5. Community Association Banking: Specialized banking services for community associations.
  6. Credit & Financing: Various forms of lending and credit services for businesses.
  7. Employee Benefits Services: Managing and offering benefits to employees.
  8. International Banking: Facilitating cross-border transactions, currency exchange, and global trade finance.
  9. Middle Market Banking: Services designed for mid-sized companies.
  10. Risk Management & Insurance: Strategies to manage and mitigate financial risks.
  11. Sponsor Finance: Financial solutions for sponsor-backed companies.
  12. Treasury Management Services: Services to optimize and manage a company's liquidity and financial assets.

International Banking Services:

  1. Commercial Letters of Credit: Payment facilitation for importers and exporters, ensuring compliance with trade practices.
  2. Foreign Exchange Services: Facilitating currency exchange with competitive rates and reduced risk.
  3. International Transactions: Sending or receiving funds across borders in various currencies and time frames.
  4. Documentary Collections: Cost-effective alternatives to letters of credit for international transactions.
  5. International Wire Transfers: Fast and secure money transfer globally in multiple currencies.
  6. Standby Letters of Credit: Flexible tools for transactions, offering payment assurance domestically and internationally.

These services aim to simplify, secure, and expedite international transactions, catering to businesses engaged in global trade. They encompass various financial tools to optimize efficiency, reduce risks, and enhance the competitive position of companies operating across borders.

International Banking | First Citizens Bank (2024)
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