FX settlement options for SMEs
FX settlement options can be matched to your requirements. All options are dealt with in a secure and timely fashion, using either SEPA (Single Euro Payments Area) or SWIFT (Society for Worldwide Interbank Financial Telecommunication).
Deutsche Bank award-winning FX settlement options
Our FX settlement options have earned the Deutsche Bank ‘Straight Through Processing Award’, five years in a row.
International Wire Transfers
Electronic Wire Transfers, powered by SWIFT, are a fast and secure method of payment delivery. We can convert funds into home currency, or collect payments directly from foreign customers by Wire Transfer.
Bank Drafts and Wire Transfers
Bank Drafts and Wire Transfers can be converted much faster through our system than through most banks. You do not have to convert them immediately either, as we can hold your fund in currency until you are ready to convert.
Foreign Bank Drafts and Cheques
When you are paid by cheque in a foreign currency, we can convert the funds faster than a bank.
Wired funds don’t have to be converted into the home currency first with our Cross Currency services. For example, a UK client receives Euros from a customer and would like the funds transferred to a specific Euro account instead of a British pounds account. We can receive Euros and wire Euros directly to the client’s Euro account, without needing to convert to British pounds.
Get in touch
If you would like to talk through FX settlement options with our team, please get in touch.