Foreign Exchange Services

Currency exchange solutions to reduce international transaction risk.

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Take the risk out of foreign currency exchange

When conducting business internationally it is essential to partner with a foreign exchange provider that understands your business, your industry and your transaction volumes. Our foreign exchange specialists can help provide tailored solutions that fit the size, strategy and risk appetite for your business.

  • Minimize the impact of currency fluctuations
  • Mitigate earnings volatility
  • Preserve your profit margins

Foreign currency payments in over 65 currencies

  • Australian Dollar
  • British Pound
  • Canadian Dollar
  • Danish Krone
  • Euro 
  • Hong Kong Dollar
  • Japanese Yen
  • Mexican Peso
  • Moroccan Dirham
  • Norwegian Krone
  • Singapore Dollar
  • South African Rand
  • Swiss Franc
  • Swedish Krona

Tailored solutions

We start by understanding your goals. Then we tailor options to meet your needs.

Spot Contract

Short-term rate based on current currency value

Foreign Currency Account

Open an account denominated in a foreign currency

Forward Contract

Locked-in rate for future exchanges

Foreign Banknotes

Exchange US dollars into any of over 65 currencies

Window Forward Contract

Locked-in rate for exchanges with uncertain dates

Foreign Checks & Drafts

Deposit your foreign checks or send in foreign currency drawn on a foreign bank

Exchange foreign currency, deposit foreign checks, and purchase foreign drafts

You can deposit your foreign checks at any People’s United Bank branch, and send funds to another country by check payable in a foreign currency. Foreign currencies available for exchange on the spot include the Canadian Dollar, Euro Dollar, and the British Pound. All other foreign currencies can easily be ordered and available for pick-up at any People's United Bank branch within 1-2 business days.

Uncommon expertise

When you work with a local People’s United Bank Foreign Exchange specialist, you’re getting a business partner committed to your immediate needs and long-term success. Your transactions are always backed by a team of experts ready to help you grow, manage, and protect your business.

Connect with a Foreign Exchange specialist

Work with a business partner who understands your business strategy and transaction volumes.

Foreign exchange contracts and foreign currency accounts

1-866-924-2249

Foreign currency exchange, foreign checks and foreign drafts

1-800-894-0300

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More solutions for your business

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