Foreign Exchange Services

Our experienced FX specialists can help you learn about market developments and personalize foreign exchange solutions to fit your unique needs.

Whether you need to transfer funds internationally, have payables or receivables in foreign currency, are exposed to foreign exchange risk, or simply want to invest in foreign currency, Cathay Bank provides competitive foreign currency exchange services and pricings for easy, secure, and convenient international remittance and foreign currency deposits.

Global payments

Run a global business with ease. Send or receive foreign currency at competitive exchange rates.

Risk management strategy

Let us help customize your foreign currency hedging strategy to minimize risk and protect your bottom line.

Foreign currency deposits

Hold foreign payments in a wide variety of currencies, and convert them to US Dollars at your convenience.

Foreign currency banknote exchange

Whether you’re traveling for business or leisure, we buy and sell more than 60 foreign currencies.

Personal international banking

Dealing with foreign currency can be complicated. Whether you are purchasing or selling assets and investments overseas, sending or receiving funds internationally, interested in investing in the foreign currency market or need foreign currency for travel, Cathay Bank’s experienced FX specialists are here to help.

Business international banking

The global marketplace offers many opportunities for businesses to reach customers and competitive vendors worldwide.

Our experienced FX specialists can help identify foreign exchange risk exposure and provide risk mitigation strategies to help protect your business against currency fluctuation. We tailor foreign exchange solutions to help you navigate the dynamic global market with ease, so you can focus on expanding globally.

Products and services	Multi-Currency Call Account (MCA)^{1, 2}	Foreign Currency Time Deposit^{1, 2}	Risk Management	Foreign Currency Remittance	Foreign Currency Check Collection	Foreign Currency Banknote (Cash) Exchange
Description	A non-interest bearing foreign currency denominated account that allows you to receive, send and hold foreign currencies without opening an account in foreign country. MCAs are available in a wide variety of currencies.	Provides diversification of your investment and earns competitive interest rates.	We provide foreign exchange risk mitigation strategies to help protect against currency fluctuations and your bottom line. We provide tailored foreign exchange solutions utilizing spot, forward³, window forward³, non-deliverable forward³, swap³ and option³.	A safe way to send or receive foreign currency at competitive exchange rate.	An alternative to receive foreign currency payments. It may take longer to clear international collections compared to wire transfer.	Foreign currency banknote available in over 60 currencies at a competitive exchange rate for your next vacation or business trip.

There are significant risks to most investments. Before you undertake any foreign currency transaction, we encourage you to speak with our FX specialists, in addition to personal research, in order to better understand the factors involved that may influence the currency market as well as the risks that are involved. Foreign currency investments are subject to market risk and currency fluctuations, which may involve a loss of principal; FDIC insurance does not cover against a loss in principal due to these types of risks. For more information about the Multi-Currency Account (MCA), Foreign Currency Time Deposit (FCTD) and the risks involved, please contact our Foreign Exchange Department.
FDIC insurance covers your account in the case of the default of the insured depository institution. FDIC insurance for deposits denominated in a foreign currency shall be determined and paid in the amount of US Dollars that is equivalent in value to the amount of the deposit denominated in that foreign currency as of the close of business on the date of default of the insured depository institution, up to the amount established by the FDIC.
This product or service may not be available to all customers, please ask the Foreign Exchange Department for details.

Business colleagues reviewing paperwork in car

Tailored solutions to help you manage foreign currency exposure and protect your bottom line.

International business brings new opportunities. To make the most of them, you need a bank to help manage foreign exchange risk and protect against currency fluctuations. Cathay Bank FX department offers a wide range of tools at your disposal for your FX needs, so you can focus on expanding globally.

Explore FX Risk Management Solutions