Drafts
Safe + cost-effective option
A cheque drawn by one bank on another bank that can be used to pre-pay your hotel, car hire, sightseeing tours, or foreign subscriptions.
What you get
Arrange foreign payments
Pay beneficiaries
Pay a beneficiary in a foreign currency
Pay for imports
Pay for imported goods and services
Pay in advance
Pre-pay hotels, car hire and sightseeing tours
Transfer with SWIFT
SWIFT transfers that are secure, standardised, relatively inexpensive, fast and reliable
How it works
Be prepared
Drafts are not drawn on the issuing bank, but on the issuing bank's foreign correspondent
Getting it made easy