With this development, SAXE Global is able to deliver enhanced services to foreign exchange brokerages looking for trusted global partner banks. These institutions act as intermediaries, enabling entrepreneurs to conduct business in countries where they do not have a physical presence.
More information about SAXE Global is available at https://www.saxe-global.com/banking
Following the announcement, SAXE Global has carefully curated correspondent banks from the UK, Lithuania, Switzerland, Austria, Estonia, and Denmark. These institutions offer robust financial infrastructure and access to international bank account numbers (IBANs) to facilitate swift cross-border transactions.
By leveraging the services of correspondent banks, forex brokers can access foreign currencies, manage liquidity, settle transactions, and expedite international payments. All of SAXE Global’s partner institutions adhere to stringent regulatory requirements, including anti-money laundering (AML) protocols and know-your-customer (KYC) procedures.
Despite being located abroad, the correspondent banks boast quick onboarding for clients. Most requirements can be submitted online and SAXE Global will assign a client manager who will provide step-by-step guidance.
After opening an account, clients will likewise get access to a 24/7 support concierge. Should any issue arise, they can rest assured that a dedicated team will be available to assist them.
Mark Walsh, Head of Advisory, says: “Partnering with these esteemed correspondent banks marks a significant milestone for SAXE Global. Our commitment to delivering tailored solutions to forex brokers remains unwavering. Through our correspondent banks, we empower forex brokers with the tools they need to thrive in an increasingly global marketplace. No matter their needs, we have a partner bank who can provide exemplary service.”
The consultancy understands that no two foreign exchange brokers have the same needs. As such, the team provides preliminary consultations to better understand prospects’ needs and to recommend custom solutions. Prospective clients may use the registration link on the website to book an exploratory call.
ABOUT SAXE GLOBAL
SAXE Global is a respected provider of financial advisory services, catering to clients in a broad range of industries. With a commitment to innovation and client-centric solutions, the consultancy offers a comprehensive suite of services, including entity formation, asset protection, licensure, and tax optimisation.
For SAXE Global’s full suite of services, interested parties may visit https://www.saxe-global.com/banking
SAXE Global LTD
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Open Headline journalist was involved in the writing and production of this article.