Question

How do U.S. companies use international banks?

Answer 1

International banks are a great help to US companies as most of these companies work globally . These banks make it easy for them to exchange currencies and transfer amounts to branches outside US. these banks also makes it easy for them for payment of salaries to their employees all across the globe. Thes ebanks makes it easy for them for all money transactions without the need to rely on local banks in each and every country. Hence the US companies use international banks in the most effective manner.