Foreign Drafts
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Discover a cost effective and secure way of settling overseas invoices
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Benefits
Features
Important Facts
Security and flexibility are essential when trading in foreign markets. A safe and reliable payment method for making foreign currency payments, Foreign Drafts provide your business with a cost-effective solution for non-urgent transactions.
How it works
Payments are guaranteed by the drawer's bank, which prevents drafts being returned unpaid. Drafts are available in a wide range of currencies, including Sterling, and can be sent directly to beneficiaries with a note of advice.
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Benefits
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- Secure - guaranteed Payment by the drawer's bank - the draft cannot be returned unpaid unless lost or stolen
- Ease of use - convenient, safe and cost-effective option
- Flexible - drafts are available in a wide range of currencies
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Features
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- Post draft directly to the beneficiary
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Complementary solutions
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Important facts
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Minimum amount
Maximum amount
Alternative options
- International Funds Transfer
What it costs
- Charges vary according to Foreign Draft amount - speak to your International Trade Partner for more details
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Terms and conditions
- All application fields are mandatory and must be completed
- Forms must bear proper authorisations from your Financial Solutions Centre
- All terms and conditions are available on request
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Yorkshire Bank is a trading name of Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.
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