INTERNATIONAL SERVICES

With First Midwest Bank, you have a partner for your international banking needs whether you are first exploring foreign markets or have established interests across the globe

Our experts can guide you through the intricate world of international trade and payments with a comprehensive range of services and solutions:¹

• International Payments and Collections to efficiently manage payments and collections in any currency
• Wire transfers for sending and receiving payments internationally 
• Foreign cash letters/collections for clearing checks denominated in foreign currencies or drawn on foreign banks 
• Foreign currency drafts to pay vendors by bank check in foreign currencies 

Foreign Exchange Services that give you competitive exchange rates, skilled transaction processing, and knowledgeable advice: 

• Spot contracts to buy and sell foreign currency to manage payment risk 
• Forward contracts to lock in your foreign exchange rate 
• Window-forwards to lock in your foreign exchange rate within a range of settlement dates 
• Non-deliverable forwards to lock in your foreign exchange rate in markets where standard forwards are not available 
• Swap contracts to manage the settlement dates of your existing foreign exchange contracts²

International Trade Services to help you manage the performance, credit, and political risks of international business: 

• Import and Export Documentary Collections to secure intermediaries for shipping documents and payments 
• Import and Export Letters of Credit to minimize the risks of non-payment and non-delivery 
• Standby Letters of Credit that enhance your promise of payment to foreign vendors with the full trustworthiness of First Midwest Bank 

We are here to help you succeed on a global scale. Talk to one of our International Business specialists today.