Euro Exim Bank has joined Ripple, connecting banks, payment providers and digital asset exchanges via RippleNet to provide clients one frictionless experience to send money globally.
Operating collaboratively with Ripple and selected counterparts, we are implementing both xCurrent [payments processing solution] and xRapid [on-demand liquidity solution] building on its extensive technology capabilities and blockchain expertise in trading systems.
Institutions are able to instantly settle cross-border payments with end-to-end tracking. Payment details are confirmed prior to initiating the transaction through secure real-time messaging and confirmed with delivery information once it settles.
This system will use underlying XRP digital assets to minimize liquidity costs, enabling local recipients to be paid in local currency, assisting not only secure flow of money but also reduce cash flow restrictions.
Euro Exim Bank unveils its newest product, Prestige Plus Savings & Current Accounts. This is designed to provide flexible and integrated savings solutions with ease of opening accounts from anywhere in the world. These can be operated as corporate savings accounts as well as personal savings accounts and access is available online 24×7.
Euro Exim Bank provides wire transfer facilities to all its customers and non-customers. We process comprehensive due diligence, KYC, AML, PEP and sanctions checks to ensure maximum security of your transactions. Existing account holders of Euro Exim Bank can transfer money or send instructions for incoming transfers through online banking facilities hassle-free.
“GTR has a long-standing relationship with Euro Exim Bank, who frequently exhibit at and contribute meaningfully to GTR’s global events. We are proud to be a partner of Euro Exim Bank and of our ongoing collaboration with them.”
- Jeff Ando, Director Conference Production, | Global Trade Review
GTR magazine is the world’s number one trade finance magazine, providing essential news and analysis for companies and organisations involved in international trade, offering a one stop shop of information, news, events and services for companies and individuals involved in global trade. GTR is a significant partner in our progress and we frequently join forces with GTR in event participation and sponsorship.
"At Lowtax, we are excited to work with Euro Exim Bank. As one of the world's most innovative financial institutions, Euro Exim Bank uses the very best of cutting edge technology in the financial industry to make international banking and cross-border transactions as efficient as possible for its clients".
- Ewan Pettman, Sales Director | Lowtax.net
Lowtax.net is a leading online publisher of global taxation and legal knowledge. It features over 1500 pages of detailed, factual information covering the tax and legal regimes in over 70 jurisdictions, as well as in-depth features, news, and blogs. Another distinguished partner of Euro Exim Bank’s progress.
"Euro Exim Bank is an innovative company that is incredibly focused on providing their customers with a quicker, cheaper payment experience. By using XRP for on-demand liquidity - as well as xCurrent - they are delivering on that promise. We're excited to have them on RippleNet ."
- Marcus Treacher, SVP of Customer Success, | Ripple
Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network RippleNet, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively
Our first participation of trade events of the year is GTR’s annual conference taking place in Mumbia, India on February 4, 2019. GTR India brings India’s trade community together for discussion, debate and networking opportunities. We are the sponsor of morning registration of the event.
We attending GTR MENA 2019 from February 18-21. This event is widely recognised as the most comprehensive and long-established trade finance gathering for the Middle East, offering an unrivalled platform for growing awareness of market challenges. We are the sponsor of morning registration of the event.
Euro Exim Bank is an associate sponsor of Indian Idol UK Tour 2019. Indian Idol is the hugely popular Indian version of the Pop Idol format programme aired on Sony TV.
The first show will take place in Leicester on 22nd February with additional shows at The Drum, Wembley Stadium in London on 23rd and 24th February 2019 and attended by many Asian businessmen, representatives from the banking sector and the community at large.
Photo & Information Credits - www.gtreview.com/events
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