Bank of Baroda unveils digital forex platform bob FxOne 

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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.”

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