Trade Finance Services

As an instrument of international finance, bankers' acceptances normally result from a commercial letter of credit which requires a time draft. The seller may choose to finance the transaction by carrying the receivable, confident in the knowledge that payment is guaranteed by the bank which accepted the obligation to honor the draft at its maturity; hence Bankers' Acceptance. Conversely, the seller may wish to collect payment early by selling the acceptance at a discount.

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For more information about our International Banking services, visit our international banking resource center, e-mail us or contact an International Banker at 316-383-1300.

INTRUST Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Those rules include a temporary increase in coverage from $100,000 to $250,000 per depositor through December 31, 2013. INTRUST Health Savings accounts are covered by the FDIC’s general deposit insurance rules, but are not eligible for the additional coverage.