Press release

CaixaBank launches FX Now, an online platform for the real-time management of the currency exchange market

The financial institution boosts its currency service

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FX NOW platform

• This new system allows customers more streamlined market trading with no intermediaries, as a result of a two-click contracting process and entering only the nominal amount and the term.

• This new tool lets customers decide what currencies they want to buy and sell, and when to trade without the need to sign documents for each operation.


CaixaBank presents FX Now, its new online platform that lets customers trade currencies in real time, 24 hours a day, in an agile and secure way, and with no intermediaries.

The new platform enables customers to easily choose what currencies they want to buy and sell, and when to make the transaction – either at that time or on a future date. All customers of company banking, corporate banking, entrepreneurs, and international customers will be able to make transactions through this innovative system that is the most agile on the market.

FX Now stands out for its user-friendly platform, which has an intuitive and simple interface; for the platform's agility, which lets users specify transactions in just two clicks – entering the nominal amount and term –; as well as for its ease of contracting, with a contractual framework that means customers do not have to sign transactions individually, reducing the resulting administrative load after each operation.

In addition, FX Now lets users view the various transactions carried out up to now and displays them in multiple charts that specify the customer's performance. Users will be able to customise their accounts, positioning different services and contents according to their needs. Similarly, the platform has a news section displaying the most relevant current information on the markets. 

CaixaBank, the value of specialisation

CaixaBank is the leading financial group in retail banking in Spain with 15.5 million customers; the peninsula's largest business network with more than 4,000 branches; and a leader in innovation with the largest base of digital customers in Spain.

CaixaBank undertakes a socially-responsible model of universal banking and is considered by Merco as the number one company in corporate responsibility and governance in the Spanish financial sector. Similarly, in 2020, CaixaBank has been chosen as the Best Bank in Spain and the Best Bank in Western Europe by the US magazine Global Finance.

For companies with turnover above 2 million euros, CaixaBank has consolidated itself as a benchmark, with a specialist model that has a network of 126 CaixaBank Empresas centres across Spain's autonomous communities, which employ 1,200 highly specialised and continually trained professionals with a sound reputation in providing advice to companies.

CaixaBank provides its corporate customers support in 127 countries through operational branches, representation offices, correspondent branches and bank holdings, in addition to our professionals highly specialised in financing and services, foreign trade and treasury management, structured financing, tourism and the real-estate business, working in branches in Spain, offering the best advice for companies' operations abroad. The company offers services both to SMEs and micro-enterprises that are starting exporting activities, as well as to large corporations and business groups tackling more complex international projects.

The financial institution also has CaixaBank DayOne, the service created to support, develop and accompany start-ups, young, rapidly-developing companies acting globally that conduct innovation activities.

 

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