For those who need to send funds to relatives or businesses in other countries on a regular basis, international drafts from First Republic can help you manage transactions involving two different currencies.
- Pays U.S. dollar equivalent of amount of foreign currency requested from client’s First Republic account.
- Pays recipient in their country’s currency.
- Generally accepted as cash equivalent.
- May be requested in person or by phone, email, fax or courier.
- Typical turnaround time of one business day.
- Fees apply.