Covid-19 Impact on Banks, And fixes. The Black Swan Opportunity

Download Now

The Black Swan Opportunity |Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

IBS Journal: The iconic monthly FinTech magazine

April 2020 issue out now! Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

FinecoBank expands multi-currency offering

Italian FinTech FinecoBank has introduced expanded exchange service hours for its UK customers, who will now be able to exchange currencies 21 hours a day and including weekends.

The private banking group  has also extended multi-currency accounts to include new currencies, bringing the total to 21 global currencies. New worldwide currencies now include the Danish crown, Norwegian krone, Hong Kong dollar, Singapore dollar, Polish Zloty, New Zealand dollar, Czech crown and the Hungarian forint.

Alessandro Capuano, Head of Global at FinecoBank said: “Markets are global, but far too often individual traders are held back by artificial barriers. Today’s announcement is part of our continued commitment to serving British customers – no matter when or where they want to exchange currency even on weekends we will be there.”

Finecobank’s multi-currency account enables UK customers to make seamless conversions at the true exchange rate with zero admin, conversion or transfer fees. The account also offers no currency conversion fees when paying and withdrawing at ATM in all Europe.

The bank said the announcement demonstrates its “commitment to the UK” despite Brexit. FinecoBank offers single account banking, credit, trading and investment services through its transactional and advisory platform developed with proprietary technologies, combined with one of the largest financial advisory networks in Italy.

Related Posts