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FirstMerit Treasury Management
FirstMerit International Banking
Meeting the international needs of your organization requires high quality, competitive and personalized international banking services. FirstMerit's wide range of international services includes commercial and standby letters of credit, international funds transfers, foreign currency services and international collections. Our global network of correspondent banks allows us to assist you in your international business, and our knowledgeable staff can react to your needs quickly and effectively.
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Commercial Letters of Credit
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Export Letters of Credit
FirstMerit can advise or confirm a letter of credit being received by you. After preparing
your documentation and present it to us, we will verify your documents against the terms of the letter of credit and forward them to the issuing bank for payment. Your account is credited when payment is received.

Features

  • FirstMerit authenticates the letter of credit and advises the letter to you
  • FirstMerit authenticates the letter of credit and confirms the letter to you

Benefits

  • Assures you that the letter of credit is authentic and has been issued by the bank indicated
  • Assures you payment upon presentation of proper documents