Let our experts walk you through your transactions and help you choose the service that will best suit your needs. We’ll work with you from when you get the sales contract until the final payment arrives to make sure you know what to expect.

Mercantile Bank provides a complete range of Foreign Exchange services to our international customers.

Individual traders are assigned to provide the personalized service that is the hallmark to our approach. It could be providing a competitive price in over 90 currencies, discussing risk management strategies to help weather the impact of currencies on your company, or developing foreign cash management solutions.

The Mercantile Bank Foreign Exchange Department is always attuned to our clients’ international business activities, hedging needs, and trading philosophies.

Hedging Contracts

• Traditional forward contracts and variable delivery date contracts
• Option contracts
• Derivative contracts tailored to your company needs and policy

Documentary Letters of Credit are one of the most common payment mechanisms used in international trade. Mercantile Bank has the capabilities and technology to meet all your Letter of Credit needs and offers you the latest internet based systems with the hands on relationship management of a community bank.

• Foreign Remittances: Wire funds transfers, foreign drafts
• Documentary and Clean Collections
• Foreign Check Clearing Services
• Export Financing

Download the Standby Letter of Credit Application
1.21Mb PDF
(opens in a new browser window)

Download the Documentary Letter of Credit Application
2.06Mb PDF
(opens in a new browser window)