Foreign Exchange Services

Our experienced FX Advisors are available to work with you and assist in developing a customized FX solution for your company. The Bank offers a complete array of FX Products and Services.

Transact with competitive rates, either online using our industry leading intuitive platform, or speak directly with one of our advisors at 888-808-8220.

For Foreign Currency Incoming wire instructions, please contact the Foreign Exchange Services Group at 888-808-8220.

Spot Contract

Typically two business day delivery in the Foreign Center. CAD & MXN are next business day delivery with same day delivery available with restrictions.

Variable Delivery Forward Contract

Similar to a Forward Contract except that settlement can occur over a pre-defined window of dates.

International Wire Transfers

Quick, efficient, and transparent movement of funds.

International Check Collections and Cash Wires

Provides for timely settlement of Foreign denominated checks presented for payment.

Forward Contract

Either a purchase or sale of currency at some future date, or a simultaneous purchase and sale of currencies for different settlement dates.

Foreign Currency Wallet

Our answer to foreign currency accounts without the fees associated with maintaining those accounts. Your pre-purchased currencies are available to you on demand. Using the Currency Wallet can also replace costly Variable Delivery Forward Contracts.

FX Banknotes

Foreign Currency delivered to your Branch within 48 hours.

Risk Management Advisory

The Bank's experienced FX Advisors will provide market commentary and work with you to devise a FX plan to best suit the needs of your company.

Meet our Foreign Exchange Services Team

Our Foreign Exchange Services team is ready to discuss your unique financial needs and provide a tailored solution.

John Kirkwood headshot
Director of Commercial Markets Payments Group
Leon Attarian headshot
VP, Foreign Exchange Services

All foreign currency transactions are subject to foreign currency exchange risk. Customers are not protected against foreign currency exchange rate fluctuations by FDIC insurance or any other insurance or guarantee program. In addition any monies in the Foreign Currency Wallet are not FDIC insured.

All BankRI branches and offices will be closed on Wednesday, June 19, 2024, in observance of Juneteenth.