
Commercial Foreign Currency Exchange Services
Dynamic support for today's global market
Boost your international trade options with currency exchange services
Our commercial foreign currency exchange services, support and advice can help you enhance your ability to conduct business, manage your cash flow and protect your bottom line.
Advantages of foreign currency exchange services
Spot transactions
Lock your funds transfer to a current rate of exchange. These are typically used for immediate delivery of funds. Most currencies are delivered in 2 business days. Take advantage of good, prevailing rates.
Forward contracts
Foreign exchange services help you purchase or sell a specified amount of a foreign currency at a future date and at a set exchange rate. If exporting, you can lock in an exchange rate prior to your receivables coming due to help protect against a depreciating currency. If importing, you can establish a fixed value for payables, thereby securing your profit margin.
Introducing First Citizens FXEnvoy
First Citizens FXEnvoy allows users to execute real-time payments in most major and emerging market currencies, and view or print transaction receipts online. You'll also have direct access to your multi-currency account, if applicable.
How FXEnvoy works
Watch this brief video to learn how to simplify your international payments with First Citizens FXEnvoy, an easy-to-use foreign currency exchange payment platform.
Benefits of multi-currency accounts
Multi-currency accounts, or MCAs,DD make it easier to manage inbound and outgoing foreign currency wires and help expand business outside the US.