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About Us

International Banking Services



Offering a variety of products and services to assist you in your international banking needs.  We provide competitive pricing while assisting you in mitigating the risks associated with exchange rate fluctuation. 

Payments & Collections:

Process USD and foreign currency payments and collections fast.

  • Wire Transfer Service: Send wire payments to and from over 70 countries
    Need to process an international wire?  Find out what is needed 
  • Foreign Currency Drafts: Bank checks payable in multiple foreign currencies
  • Foreign Cash Letters: Cost effective method for clearing checks drawn on foreign banks or denominated in foreign currency

Foreign Exchange Services:

Competitive exchange rates, hedging, efficient transaction processing, and market news
  • Speak with live FX specialist
  • Process spot transactions, forwards, non-deliverable forwards, and options
  • Leave overnight buy and sell orders

Risk Management:

Eliminate or minimize foreign exchange volatility

  • Forward contracts: Lock in foreign exchange rates to protect profit margins and costs
  • Non-deliverable forwards: Decrease your risk in emerging markets when standard options aren't available
  • Swap contracts: Simultaneous purchase and sale of one currency for another with two different value dates (typically spot to forward)
  • Option contracts: Customize your currency strategy to fit your risk mitigation needs

Global Trade Finance: 

Manage political, credit, and performance risk associated with conducting business internationally
  • Import Letter of Credit: Guarantees payment to the seller only when the documents presented are in compliance with the terms of the Letter of Credit
  • Export Letter of Credit: Minimizes your risk of non-payment by foreign buyers; issued by an overseas bank on behalf of its customer
  • Import Documentary Collection: Typically used when both the importer and exporter are creditworthy and well known to one another; a payment method in which the exporter's bank remits shipping documents to us and in turn, we release these documents to the importer against payment in full
  • Export Documentary Collection: We act as an intermediary to control and expedite payment for export transactions
  • Standby Letters of Credit: Commonly issued in favor of suppliers to support an ongoing purchase of goods and in cases where banks are precluded by law from issuing letters of guarantees

Contact: Kim McKenna, Director of Foreign Exchange, 781.982.6465 or Kim.McKenna@RocklandTrust.com