In 1962, Cathay Bank opened for business with the mission of providing financial services to the growing but underserved Chinese-American community in the greater Los Angeles area, thus becoming the first Chinese-American bank in Southern California. Recognizing that the community it served was part of a more diverse one, Cathay Bank adopted the motto "An Open Door for All." Its rapid expansion was fueled by successive waves of immigration, burgeoning trade between America and Asia, and the economic development of the surrounding community. Since its inception, when it only had $550,000 in capital, Cathay Bank has thrived and is now - [Read more]
Exporters Competitive foreign currency rates are essential to increasing profit for businesses that export goods. However, poor exchange rates and the outrageous fees charged by many banks can significantly lower your profit off each transaction.
When you use a bank for your international money transfers, you have no transparency into the rates your bank charges and thus, virtually no control over the entire process. Your business can therefore incur substantial losses on these foreign exchange transactions.
Using USForex however, you gain complete control over your foreign exchange transactions. We can hold your funds in the foreign - [Read more]