International Treasury Services
The Bureau of the Fiscal Service allows federal agencies to make international payments to over 240 countries in over 150 currencies. Federal agencies use the International Treasury Services (ITS) web application, https://www.its.gov, to issue payments to recipients in foreign countries. ITS.gov can support payments in either foreign currency or USD depending on the needs of the federal agency and supports both one-time and recurring payments, including vendor, benefit, payroll, or other payment types.
ITS.gov offers several payment methods:
- Electronic
- Check
- Western Union
- Special Check
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.gov
Secure web-based application for making international payments, including collections.
All payments are screened for compliance with the Office of Foreign Assets Control (OFAC). 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.
Allows agencies to choose spot or advanced rate currency options.
Enrollment is easy!!!
Offers the lowest costs for sending international payments.
Foreign currency is purchased at the most favorable exchange rate.
Employs the latest in secure login technology using multi-factor authentication and two factor verification.
Expedites payment settlement.
Provides the ability to process international electronic payments in emerging markets.
Reference and Guidance
For reference and guidance pertaining to ITS.gov, visit the Electronic Funds Transfer (EFT) pages.
REFERENCE & GUIDANCEHave questions or need help?