Whilst the simplest method of paying is by cheque writing, there are other methods available for one off transactions or where additional payment security is required. Banks will sell foreign currency drafts to their clients, however these offer little advantage from the purchaser’s perspective other than an ability to make payment when no foreign currency account exists, i.e. for one off transactions. A fee is usually payable for the purchase of a draft.
The most secure payment method is an electronic bank to bank transfer. Whilst normally more expensive than the previous methods it provides cleared funds to the recipient at a known value date and ensures safe receipt. This is especially useful where goods are dispatched upon receipt of payment.