Our Strengths Make a World of Difference
Whether your company is experienced in international markets or is just starting out, we can help you better manage the complexities of international trade, through a consultative approach combined with our multilingual and multinational expertise.
Foreign Exchange Services1
Foreign Currency Wires
Send foreign currency payments in any tradable currency through our online banking platform, and receive foreign currency payments through our global banking network.
Multi-Currency Account Service
Simplify paying in foreign currencies with our Multi-Currency Account Service, which enables you to receive payments, hold balances and make payments in popular global currencies without the need to convert to and from U.S. dollars.
Foreign Exchange Hedging
The International Banking group provides the training, advice and partnership to help you manage your FX risk. Access a full complement of foreign exchange hedging instruments, including Forward contracts, Window Forward contracts, Non-Deliverable Forwards contracts, and Swaps.
Leverage our client-focused approach to more accurately assess the potential risks of fluctuating exchange rates and their impact on your business. Our foreign exchange specialists will help you develop the best strategies to mitigate the risk of currency exposure for your firm.
Letters of Credit1
Commercial Letters of Credit
We issue and process commercial letters of credit to facilitate your export and/or import transactions, and to protect your payments by ensuring your shipping documents are received and processed in a timely manner.
Standby Letters of Credit
We issue and advise standby letters of credit to facilitate your foreign trade and non-trade activities.
Shipping Documents (Documents Against Payment & Documents Against Acceptance)
We handle shipping documents, which are not under a letter of credit, either against payment or credit (acceptance) terms.
Ex-Im Bank Working Capital Line of Credit1
Western Alliance Bank has been granted "High-Plus" Level of Delegated Authority by The Export Import Bank of the United States because of our proven record of expertise in delivering Ex-Im Bank's Working Capital Guarantee program to businesses like yours. In addition to the Ex-Im Bank Working Capital Guarantee program, we offer innovative buyer financing alternatives that assist our exporters to win sales, minimize the political and commercial risk of doing so, and accelerate the receipt of cash on those sales.
Lends up to $7.5 million per facility
Allows up to 90% advance rate against foreign receivables and 75% against export-related inventory
The International Banking group offers pre-export financing to facilitate the fulfillment of your export sales orders. You may finance up to 75% of your direct or indirect contract costs, including design, engineering, labor, materials, and overhead related to each individual contract.
Revolving Line of Credit
Finance your direct or indirect export receivables with a revolving line of credit. Receivables may be financed at a 90% advance rate with extended sales terms of up to 120 days. Plus, you may finance your export-related inventories up to a 75% advance rate (including work-in-process inventory).
We’re especially strong in markets where technology companies operate consistently, including India and China. And we offer competitive pricing and access for foreign exchange, since we buy and sell currencies on the global interbank market.
For any company that buys or sells goods or services overseas, or that maintains an overseas office, our International Banking group is a valuable resource.
Whether you need export finance, import finance, foreign currency exchange, letters of credit and more, our experienced staff, creative, custom-tailored solutions and a focus on a long-term relationship with you can help you stand out globally.
1 East Washington Street
Phoenix, AZ 85004
1. All offers of credit are subject to approval. Other related fees may apply. Refer to the disclosures provided at account opening and the Schedule of Fees and Charges for additional information.