Corporate Finance, DeFi, Blockchain, Web3 News
Fintech, DeFi, Blockchain, Web3 Daily News by Finyear

FV Bank Launches Cross-Border FX Payments Service

New offering provides fast, secure, competitive international FX payment options for global businesses.


FV Bank (www.fvbank.us), the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has today announced the launch of their cross-border foreign exchange (FX) payments service for its U.S. and international account holders.

The new offering enables FV Bank clients to execute frictionless international payments in seven currency options of EUR, GBP, CAD, HKD, SGD, ZAR, and JPY, across more than 150 countries, with additional currency options to be rolled out in the future. The service features market-leading competitive FX rates, making it easy for businesses and individuals to transact internationally in a fast, secure, lower-cost manner.

“We’re pleased to announce the launch of our integrated cross border payment service for our FV Bank account holders,'' said FV Bank CEO, Miles Paschini. “Adding cross-border payment options to our suite of digital banking products provides our clients with increased efficiencies, convenience, cost-savings and reliability for their international payment processing requirements. FV Bank continues to deliver pivotal infrastructure to the marketplace as we strive to provide market leading banking services to our clients while accelerating digital asset adoption globally through our integrated custody and settlement solutions.”

The launch of FV Bank’s cross-border international payments service is the latest in a series of innovative technology and service enhancements that seek to offer the most comprehensive integrated banking service in the market. The company recently announced the launch of their digital asset custody and settlement solution, becoming the first U.S. regulated depository and custodial bank to develop an in-house vertically integrated technology infrastructure that enables the seamless interoperability and safeguarding of both digital asset and fiat deposits.

About FV Bank
FV Bank is a global digital bank and digital asset custodian regulated by the Office of the Commissioner of Financial Institutions (OCIF), Puerto Rico, USA. FV Bank seamlessly integrates banking and payments with digital asset custody services in a regulated and compliant infrastructure. With products ranging from depository accounts and payment services to digital asset custody and VISA card issuance, FV Bank supports the unique requirements of corporates, institutions, family offices and their respective clients through online banking and integrated API solutions.

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Lundi 23 Janvier 2023




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