Foreign Drafts

A foreign exchange draft is a negotiable instrument issued on behalf of a member of SunRise Credit Union.

Features

• A draft is a secure form of payment that can only be negotiated by the party named on the draft.
• A draft instructs another bank to pay an amount in a specific currency to the party named on the draft. (payee)
• Payment is guaranteed as the funds are remitted daily.

Price

• As per service charge schedule

Benefits to Members

• Security knowing the draft is guaranteed and can only be negotiated by the party named on the draft.
• Convenience of paying for purchases in foreign funds on a casual basis.