Foreign currency-denominated drafts enable corporations to pay invoices in over 30 of the most popular currencies worldwide. This allows businesses to send payments with minimal issuing fees.
Foreign drafts are used as an alternative payment method for International Wire Transfers and Global EFTs for many corporations.
Foreign drafts is a simpler payment alternative to international wire transfers. It is also a safer alternative for businesses than sending cash or checks in the mail.
Why is CXI the best provider for Foreign Draft Issuance?
Corporations can issue foreign currency-denominated drafts in more than 30 of the most frequently demanded currencies.
CXI's CXIFX platform automates foreign draft requests.
CXIFX enables corporations to simply enter the request for a foreign draft by inputting the foreign currency and foreign amount they would like.
CXIFX allows corporations to create in-depth, flexible, and exportable reports.
CXI requires only minimal information for this process: the amount of foreign currency and the payee.
Partners have access to a dedicated trader and knowledgeable support team.
Testimonials
As my broker, and a client for almost ten years. CXI is accommodating and always ensures our orders are met.
Richard Szczepaniak, Director of Financial Services at Altour
We are very pleased with the technology, our relationship manager, and the quick service and product capabilities.
Kim McKenna, Director of International Services at Rockland Trust
CXI makes the ordering process very easy. We rarely need customer service but if we do, they are very responsive if we have any issues or questions. I highly recommend CXI, we have been using them for years!
Beverly Malvitch, Assistant Vice President at Winchester Savings Bank