If you do business around the world, we're here to help.
First Hawaiian Bank is your trusted partner in helping you with your financial services. If your business makes or receives foreign payments, we want you to know about our foreign exchange services that could help save your company time and money.
Click here for more information or assistance or call 844-4444 (outside Oahu, please call 1-888-844-4444).
- International Money Transfer
First Hawaiian Bank can make international transfers in foreign currency to your suppliers or clients. Whether you need to pay or are receiving foreign wire transfers or drafts, we can provide fast settlement of your payments and collections.
- Forward Contracts
In some instances, you may prefer to lock in a current exchange rate for a payment in the future. This eliminates exposure to foreign currency risk on transactions entered prior to the payment date.
- Foreign Currency Banknotes
If you have foreign cash transactions, First Hawaiian Bank buys and sells all major foreign currency bank notes.
Why would you need our services?
- Payment to Vendors for Purchases
Many companies in Hawaii, Guam and Saipan import goods including hardware, food items, and textiles from foreign countries. If your company imports foreign goods, you can benefit by requesting payments be made in the foreign currency rather than US dollars. When billing in US dollars, a foreign entity usually adds a mark-up in order to protect itself from currency fluctuations between the billing time and when payment is actually received. You can save this mark-up by paying for your goods and services in the foreign currency. First Hawaiian Bank can help you send your foreign payments in all major currencies.
- Investments in a Foreign Country or Company
Are you making foreign currency investments? First Hawaiian can easily make your foreign payments. Are you receiving interest or dividends in a foreign currency? Let us convert them to US dollars quickly and efficiently. We buy Australian Dollars, New Zealand Dollars and other selected Asian Pacific currencies.
- Remittance of Dividends
Does your company have foreign investors? Satisfy your investors' needs by remitting your dividend payments in their currency.
- Remittance of Loan Payments
Do you have foreign currency denominated loans either from your parent company of from a foreign bank? Forget the guesswork involved in determining how many US Dollars to remit by allowing First Hawaiian Bank to make your payment in the required foreign currency. We can remit the payments in all major currencies.
First Hawaiian Bank works with many currencies including:
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Our Foreign Exchange Department has experts who can advise you on making the right decisions for your company.
Immediate available funds are required for any transaction. Other restrictions and/or fees apply.
