An efficient way to pay your trade partners or send money to an overseas office is via a foreign draft. A foreign draft is similar to a cashier's check, but can be paid in the currency of the country where the payee resides. A foreign draft is a fast, secure, and traceable way to send money. And it's a low-cost alternative to money orders or wire transfers. American Savings Bank accepts requests for foreign drafts from American Savings Bank customers only and offers competitive exchange rates for foreign currency bank drafts.

	Highlights Below > Benefits Your Business Will Receive > Fast Facts > How it Works

• Customers of American Savings Bank can go into any American Savings Bank branch and purchase drafts in foreign funds
• Funds are readily accepted and commonly used for business transactions to foreign countries
• Draft is payable to the payee only and is prepared by the bank based on the information provided by the customer
• Funds are guaranteed by the FDIC

	Fast Facts
	Handling Fee:
	Foreign Currency Draft	$10.00
	Minimum Amount	Foreign amount equivalent of $100.00 U.S. dollars
	Maximum Amount	No maximum dollar amount

How it Works
Fill out the Foreign Draft Order Form (PDF), print the form, and bring it to your nearest American Savings Bank branch for immediate processing.

Note: For same day processing, a Draft Order Form must be received by the branches no later than 3:00 p.m. (HST).