International Treasury Services (ITS.gov)
The Financial Management Service (FMS) provides international payment services to federal agencies in nearly 200 countries. ITS.gov enables federal agencies to issue foreign currency payments using the Automated Clearing House (ACH) network, Wire, SWIFT (Society for Worldwide Interbank Financial Telecommunication), Check, Western Union or Pay upon Proper Identification (PUPID) transactions. Additionally, ITS.gov enables agencies to issue international US Dollar wire transfer payments without a corresponding US financial institution. FMS processes monthly recurring benefit payments, foreign payroll, vendor, and miscellaneous payments.
How It Works
Diagram: How Does ITS.gov Work? (240 kb)ITS.gov Fact Sheet (60 kb)
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, including any in-country lifting fees.