Foreign Exchange

We can take care of regional and international transactions for ECD, USD, GBP & BDD

  • Purchase and sale of foreign currency
  • Telegraphic transfer (swift) service
  • Sale of Regional Drafts
  • Regional Cheque negotiation
  • Bills for Collections

Almost every business today is in some way involved with foreign exchange. With the advent of the internet, even ‘small businesses’ engage in international transactions.

The global marketplace offers opportunities for tremendous growth and profit. Your ability to participate effectively can be a major factor in achieving and maintaining a competitive edge. Because international trade is so important to the future of businesses, it is useful to have a partner such as the Bank of Montserrat limited.

Fees

  • Foreign Exchange Transactions Paid For with Foreign Cash using same currency being bought 0.5% Min. $5 + Normal Charge
  • Commission on Drafts $15
  • Replacement of Lost Draft $15 + Stop Charge
  • Return Cheque Charge $35 + Foreign Bank Charge