EasyFX
AIB unveils EasyFX, an electronic channel for settling forex transactions
- EasyFX will enable customers to request for competitive quotes and prices for both the emerging market and the major traded currencies
- The platform is set to drive efficiency in accessing and distributing foreign exchange liquidity in a more seamless and convenient manner
Cotonou, 14th September 2021 AIB has today unveiled EazzyFX, an innovative electronic channel that allows customers particularly SMEs and corporates to settle forex transactions and enjoy a seamless experience as they deal in foreign currency based on the day’s streaming rates.
Additionally, EasyFX enables customers to request for competitive quotes and prices for both the emerging market and the major traded currencies as well as enjoy real-time streaming access, have the ability to place multiple trade orders and get informed insights on the various currencies.
Speaking during the launch ceremony, AIB Benin Managing Director, noted that the successful launch of EasyFX is a testament of the Bank’s commitment towards investing in digitization for the benefit of its customers. “This platform will revolutionize foreign exchange transactions for businesses, institutions and individuals. With clients becoming more and more discerning, there is need for utilization of unique and innovative technology solutions to enable forex dealers to differentiate themselves. This new platform will drive efficiency in accessing and distributing foreign exchange liquidity in a more seamless and convenient manner,” he added.
The managing Director also noted that the platform would give AIB customers the freedom and control over their trading by enabling them to personalize their profiles and detail their preferred currency pairs from the main dashboard; in order to monitor a specific currency or to compare particular currencies against others. Furthermore, EasyFX will give AIB customers a clear view of their full trade workflow and a history of their trading transactions.
“With EasyFX, our customers will no longer have the restrictions of either geography or time and will enjoy the speed and convenience of trading in real time.
The Bank will also offer support through its team of dedicated and qualified Relationship Managers who will champion and help customers to sign up and use the platform as well as offer expert advice on key considerations when making buy and sell decisions.