Global business transactions often require you to make and receive payments in currency other than U.S. dollars.
Foreign Currency Transfers and Check Collections
Importers are frequently invoiced in foreign currency and need the ability to pay foreign vendors in local currency. And, exporters can gain a competitive advantage by billing in local currency.
PNC's dedicated team of senior consultants can help you determine the most efficient method for managing your international payments and receipts including:
Multi-currency accounts that hold deposits in foreign currencies are effective tools for managing incoming and outgoing cash flows.
PNC's team of senior consultants can help you set up a multicurrency account so you can easily make payments and view deposit and withdrawal detail. These accounts enable you to: