Whether you are a small business, middle-market company, or large corporation, we can help you improve cash flow, manage risk, and compete more effectively in the global marketplace. We have partnered with Wells Fargo Correspondent Banking to assist us in strengthening our client relationships by providing a wide-range of financial services in a convenient and easy-to-use manner. Their comprehensive Bank Correspondent Services allow us to meet our clients' needs through expanding the accessibility of banking services.
Simplify payments and collections
Our clients can make fast U.S. dollar and foreign currency payments and collections. Our correspondent services through Wells Fargo can help them manage their collections, payment, and transfer transactions worldwide.
Reaching Worldwide Markets
Reach key markets in over 130 countries worldwide with our Wells Fargo Correspondent Banking through international commercial financing. Working with Wells we can help our clients find the money they need to finance their international commercial operations, so they can build their business and stay on top of the changing international trade environment. Get comprehensive import and export trade finance services, international connections, and consulting services to keep our clients competitive. .
Trade Cycle Financing Fund each stage of an international trade transaction, instead of outlaying the total base amount. Get advances on import shipments of up to 100 percent of purchase price.
Letters of Credit (L/C) Improve cash flow in the U.S. or Asia by using import, export, standby, or prepaid letters of credit.
Documentary Collections Expedite international trade processing and reduce sales and transfer costs of funds and goods. .
Export Risk Mitigation Structure international trade transactions to maximize cash flow and minimize foreign risks associated with exporting.
Minimize Risk with Targeted Business
Manage and minimize risk, protect profits, and stay ahead of fluctuating interest rates in volatile equity and foreign exchange markets.
Hedging Strategies Hedge foreign exchange risk in more than 100 currencies and implement customized strategies to help safeguard and strengthen our client's business.
Export Risk Mitigation Structure trade transactions to maximize cash flow and minimize foreign risks associated with exporting.
Global Payables Service Improve a client's working capital and cash flow. GPS is a disbursement and financing service for payables that helps buyers reduce the costs in their domestic and international supply chains.
Insurance for Export Receivables Get comprehensive insurance for a client's foreign accounts receivables and insulate their business from overseas commercial and political non-payment risks.
Expanding Your Depository Needs
Our clients can make their International Accounts work for them. They can get the resources they need to open and maintain accounts in over 65 countries and territories through Wells Fargo's correspondent program and international network.
Multi-Currency Accounts (MCA) Eliminate foreign exchange conversion and simplify transactions with an MCA.
Offshore Foreign Currency Time Deposits Gain potentially higher interest rates and flexible maturities; also use as a portfolio diversification tool.
Asia Account Services Get a wide range of financial and trade services in Hong Kong and Taipei, including international cash management, financing, and commercial investment banking services.
Canadian Dollar Checking Reduce international payment and currency conversion costs, and centralize cash management.
Foreign Bank Accounts Extend a client's international reach by leveraging local accounts and services in countries essential to your business.
For further information regarding International Services, please call or visit your local Presidio Bank office.