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International Banking Services
More and more businesses are dealing in international commerce and looking to their bank for assistance. IronStone Bank provides a wide range of international banking services:
  • Import/Export Letters of Credit
    Letters of credit are the most widely accepted payment mechanism used internationally and are the best method for satisfying the needs of importers and exporters.
  • Stand-By Letters of Credit
    Primarily used on a domestic basis, stand-by letters frequently allow you to maintain capital in lieu of placing it on deposit with your vendor.
  • Banker's Acceptances
    Acceptances offer an alternative form of financing for importers and exporters whose underlying transactions qualify.
  • Foreign Exchange
    For companies whose needs include foreign currency at specified future dates, foreign exchange trading locks in the price of the foreign currency and protects against possible fluctuations.
  • Foreign Payments
    Whether dealing with wire transfers or checks, IronStone Bank can issue and receive foreign payments. These can be handled in U.S. dollars and in many foreign currencies.
  • Foreign Collections
    In lieu of letters of credit, some importers and exporters may prefer to send/receive payments against their shipping documents on a collection basis.
Whatever your needs, if it concerns doing business internationally, IronStone Bank speaks your language.
For more information or to open an account, stop by your local branch, call
us at 1-866-IB DIRECT (1-866-423-4732)
You may also e-mail us.