International Treasury Services
The Bureau of the Fiscal Service provides international payment services to federal agencies in nearly 200 countries.
ITS.gov enables federal agencies to issue foreign currency payments to international recipients as an electronic, check, or Western Union payment.
ITS enables agencies to issue international U.S. dollar wire transfer payments without a corresponding U.S. financial institution. Fiscal Service processes monthly recurring benefit payments, foreign payroll, vendor, and miscellaneous payments.
Free for Federal Agencies
There is no cost to federal agencies to use ITS.gov. The U.S. Treasury pays all transaction fees associated with processing international payments and collections.
Benefits of ITS
Secure web-based application for making international payments, including collections
All payments are OFAC-screened. OFAC administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals
Alleviates the increasing check cashing issues with recipients outside the U.S.
ITS.gov will allow for spot or advanced rate currency options
Enrollment is easy!!!
Offers the lowest costs for sending international payments
Purchases the foreign currency amount at the time of payment at the most competitive rate possible, maximizing agency cash management.
Employs the latest enhanced security technology including two factor authentication through PKI
Expedites payment settlement
Provides the ability to process international electronic payments in emerging markets
Reference and Guidance
For regulations and guidance pertaining to ITS, visit the Electronic Funds Transfer (EFT) pages.REGULATIONS & GUIDANCE
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Last modified 09/27/19