Business Banking / Global Trade Services

Global Trade Services

Because Texas is the nation’s leading export state, Texas businesses need a knowledgeable banking partner that is well-equipped to support their international business activities. Frost Global Trade Services understands that international business can be complicated and risky, so we support your international efforts by offering a variety of services, as well as a local, dedicated and trusted advisor.

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Foreign Exchange Services

Frost offers competitive exchange rates and efficient currency conversion between U.S. dollars and foreign currencies. Through established global banking partnerships, we streamline the clearing of foreign currency wires to reduce costs and improve speed. With over 200 financial centers across Texas, our bankers are available to assist you with foreign currency exchange transactions in person.

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Online Services

Our Global Trade Service Portal enhances operational efficiency, enabling you to easily manage foreign exchange wires, mitigate risks and maximize growth opportunities. Manage your international business conveniently online through the portal within Frost Treasury Connect to:

  • Execute spot currency trades
  • Pay suppliers in local currency
  • Save templates for recurring wires
  • Reduce costs with bulk trade aggregation

Trade Services

Trade Services offers a variety of products to assist customers engaged in both domestic and international trade transactions. Letters of Credit provide an independent undertaking by the issuing bank to help mitigate the risk of non-payment of invoices, financial or performance obligations and other business-related risks. Included in Frost’s trade suite of products are:

  • Standby Letters of Credit
  • Documentary Letters of Credit
  • Arrangement of Demand Guarantees
  • Documentary Collections