The Gulf Today (February 24, 2013)
Habib Bank launches secure online forex platform
BY OUR BUSINESS BUREAU February 24, 2013, Print Send to Friend
DUBAI:Â Habib Bank AG Zurich (HBZ), one of the leading international banks operating in the United Arab Emirates, has announced the launch of HBZefx -its new, Foreign Exchange trading platform. HBZefx is designed to provide a wide range of real-time services to itsgrowing number of clients.
HBZefx is a flexible online tool that enables HBZ customers to buy and sell currencies through HBZ web, the bank’s secure online banking platform.
HBZefx provides instant access and real time currency quotes. HBZ’s competitive pricing, Straight Through Processing and flexibility to transfer funds directly between accounts makes the service accessible 24/7. The platform is available for existing and all new HBZcustomers.
Arif Lakhani, Chief Executive Officer of HBZ UAE said “With today’s fast moving global currency markets, it is essential that customers have time real-time access in order to take advantage of market swings. In the last few years, we have seen an impressive growth in thenumber of FOREX trades, and expect these numbers to escalate in the coming years.
