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.








