Products & Services

Foreign Exchange Services

National Bank of Anguilla Ltd. recognizes that today's individual / entity needs to conduct business worldwide and in many different foreign currencies. NBA's Foreign Exchange Department provides you, our valued customer, with a variety of products and services to meet your foreign exchange needs. Whether you're planning a trip, sending money overseas or conducting an international business transaction, NBA's Foreign Exchange Department is designed to execute all your international financial needs.

Traveling abroad or visiting from overseas? National Bank of Anguilla Ltd. purchases and sells foreign currencies to ensure that you obtain your foreign currency prior to arriving at your destination or that you have a means of exchanging any foreign currency upon your return. NBA purchases and sells the following foreign currencies:

• United States dollars,
• Great Britain pounds, and
• Canadian dollars.

National Bank of Anguilla Ltd. accepts non-domestic checks, drafts and money orders from customers. The normal clearings period for these instruments are fifteen (15) days for checks drawn on a Regional Bank and thirty (30) days for checks drawn on an International Bank.

NBA's relationship with its many overseas banking correspondents has allowed NBA to position itself to bring you, our customer, the means to execute international wire transfers. As a shareholder of SWIFT (Society for Worldwide InterBank Financial Telecommunication), NBA is able to execute wire transfers to and from any part of the world expeditiously.

If you desire a safe and cost-effective way to send money abroad, purchase an NBA international draft, money order or check. These instruments can be used to send money abroad or pay bills overseas.

For peace of mind when traveling, many customers prefer to travel with Traveler's Checks. National Bank of Anguilla Ltd. sells American Express Traveler's Checks at a fee of 1% of the amount being purchased. These traveler checks are available in US dollars in denominations of US$20, US$50, US$100, US$500 and US$1000.

National Bank of Anguilla Ltd. performs cash advances from your VISA or MasterCard credit card. Customers wishing to obtain a cash advance have the choice of coming to the Bank's Foreign Exchange counter or utilizing NBA's network of ATMs. If coming into the Bank, customers must present photo identification such as a passport or a driver's license.

In addition to the above products /services, NBA's Foreign Exchange Department handles:

1. Documentary Collections
2. Letters of Credit
3. Incoming / Outgoing Clean Collections

Overseas Correspondent Banking Relationships