Feel at home with overseas payments
Make foreign currency payments with confidence. Foreign Drafts from LeGroupeCréditMutuel 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 authorizations from your branch or Business & Private investment 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).
An individual investor, or retail investor, is a non-professional investor who invests their own money. They invest to meet their individual investment goals, such as to save for retirement, a child’s education fund, or to build wealth generally.
Commercial investment is an investment in a for-profit enterprise involved in the buying or selling of goods and services, with the expectation of generating cash flow. An individual, group or institution can assume this type of investment. Frequently, a group of investors who combine assets will fund a commercial venture.
Personalized Card refers to the Card embossed with your name that you will receive automatically after your second load. Upon activation of the Personalized Card, the Instant Issue Card will be disabled.
Your number one financial instrument