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Foreign Exchange Spot Transactions
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BB&T offers international funds transfer vehicles designed to help your company route payments to and receive payments from anywhere in the world. We can work with you to help assess your needs and determine which option is best suited to your company.
 
Foreign Exchange Spot Transaction Options
International Wire Transfer
  • The payment is electronically transmitted to your overseas account or to your designated trade partner
  • Foreign currency payments are cleared through one of our correspondent banks
Foreign Draft
  • A payment is made in the form of a check denominated in foreign currency
  • This payment is drawn against a BB&T account with one of our correspondent banks
  • Your company has the option of sending the check directly to your trading partner
  • In the EU countries, BB&T will arrange to have the Euro drafts cleared to the ultimate recipient directly
 
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