Bank of Baroda unveils digital forex platform bob FxOne 

Date:

Bank of Baroda has announced the launch of bob FxOne – a digital foreign exchange platform designed for the Bank’s corporate and MSME customers. 

“bob FxOne empowers customers to seamlessly execute forex and derivative transactions with real-time live rates, instant confirmations, downloadable deal tickets and a personalised dashboard with alerts, in a secure, user-friendly and cost-effective manner,” Bank of Baroda said in a statement. 

The platform streamlines and simplifies the forex and derivative transaction booking process, offering customers a smart, real-time solution that eliminates the need for branch visits or manual intervention, it said. Customers can now book forex and derivative deals directly online, enabling faster execution, greater transparency, and improved efficiency in managing their treasury operations, it added.  Lalit Tyagi, Executive Director, Bank of Baroda said, “The platform offers a simple and user-friendly interface that meets the evolving FX needs of modern businesses, providing greater flexibility, transparency and control.”

[

Source link

Share post:

Subscribe

Popular

More like this
Related

FDA under fire for blocking documents on puberty blocker safety for kids

NEWYou can now listen to Fox News articles! ...

Most of Trump’s tariffs are illegal, federal court rules | Trump tariffs

Donald Trump overstepped his presidential powers with most...