Foreign Drafts
Foreign Drafts
Feel at home with overseas
payments
Make foreign
currency
payments with confidence. Foreign Drafts
from Trustline Bank provide your business
with a secure method of settling overseas
invoices.
Flexible
and reliable, it’s the ideal cost-effective
solution for non-urgent
transactions.
Guaranteed by the
drawer’s bank – prevents drafts
being returned unpaid
Available
in selected currencies, including
Sterling
Can be sent directly to
beneficiaries with a note of
advice
More
Benefits
Secure – guaranteed
payment by the drawer’s bank; the draft
cannot be
returned unpaid unless lost or
stolen
Complementary
Solutions
Foreign Currency
Current Account
Foreign
Exchange
Important
Information
No minimum
amount
Limited to
$100,000 or
$150,000 (Australian, Canadian, New Zealand
and US)
Alternative option –
SWIFT
Costs
Standard charges can
be found in the interest rates and
charges section. Speak to your Relationship
Manager for more details
Terms
and conditions:-
All
application fields are mandatory and must be
completed
Forms
must bear proper authorisations from your
branch or Business & Private
Banking Centre
Full terms and
conditions are available on
request
† Whilst payment is guaranteed
by the drawers bank; in certain
circumstances, it may be returned unpaid to
the beneficiary (i.e. if the
Foreign Draft is reported lost or stolen, or
the Foreign Draft is unable to be
processed by the beneficiary’s bank).