Handelsbanken in the United States

Corporate accounts

Our corporate account is designed to support your day-to-day banking needs. You can manage your bank accounts wherever you are, at any time of the day, using our online banking service GlobalOn-Line. It's easy and safe and offers access to your accounts 24 hours a day. You will also get a direct number so that you can speak straight to your account manager about your banking needs.

Cash management

We have the solutions to help your business, whether you're making or receiving payments, or if you simply want full control over your working capital. Our secure online banking service, GlobalOn-Line, is just one example. And with a CashPool you can link together individual accounts or account structures to utilise intragroup liquidity. Whether you're making regular cross-border payments or a one-off transfer, there are many elements that need to be considered, such as fluctuating exchange rates. We can help you.

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit, payroll and vendor payments. A wire transfer is an electronic transfer of funds across a network administered by hundreds of banks around the world. Wire transfers allow for the individualised sending of funds from entities to other individuals or entities.

Check services 

In the United States, the most common payment method is still the check. Efficient handling of checks is essential to maximise cash flows and gain control over corporate payments. In order to help speed up the process of clearing checks we provide Automated Wholesale Lockbox and Remote Check Deposit. We also provide Controlled Disbursement services through a relationship with Bank of New York Mellon.

Financing

We concentrate on developing the most appropriate financing solutions to give you the financial freedom to expand your business. If you need help to cover temporary shortage of cash, an overdraft facility may be the answer. It is easy to arrange and you only pay interest on what you use. If you’re looking to invest in your business, we may be able to help. We offer a wide range of loan products to help you meet both your short term and long term financial obligations. 

Trade finance

For international and domestic transactions, we can provide you with a standby letter of credit (SBLC). It is a guarantee with the format of a letter of credit (L/C) and is governed by the agreement you and your business partner enter into. There are different types of standby letter of credit to choose from depending on the needs of your company, for example insurance-related, performance bond, bid bond, guarantee of industrial revenue bond, reinsurance related, substitute for collateral and rental guarantee.

Treasury services

Our experienced team of professionals will work closely with you to ensure that you get the best possible solution to meet your specific needs. We offer a full range of services including: money market, deposits and loans, CDs, reverse repos, foreign exchange spot, forwards, options and emerging markets, swaps and other derivatives as well as Nordic fixed income instruments. Our broad range of treasury services are backed by our highly rated market research. Research encompasses traditional credit research as well as macroeconomic research and quantitative analysis.