BoB launches bob FxOne for Corporate & MSME Clients

Mumbai, Aug 06

Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of bob FxOne – an intuitive digital foreign exchange platform designed specifically for the Bank’s corporate and MSME customers. bob FxOne empowers customers to seamlessly execute forex and derivative transactions with real-time live rates, instant confirmations, downloadable deal tickets and a personalised dashboard with alerts, in a secure, user-friendly and cost-effective manner.

bob FxOne streamlines and simplifies the forex and derivative transaction booking process, offering customers a smart, real-time solution that eliminates the need for branch visits or manual intervention. Customers can now book forex and derivative deals directly online, enabling faster execution, greater transparency, and improved efficiency in managing their treasury operations.

Speaking on the launch, Lalit Tyagi, Executive Director, Bank of Baroda said, “With the launch of bob FxOne, Bank of Baroda customers can now manage their forex and derivative transactions more efficiently. The platform offers a simple and user-friendinterface that meets the evolving FX needs of modern businesses, providing greater flexibility, transparency and control. Bank of Baroda continues to drive innovation in digital banking, offering future-ready solutions that meet the dynamic needs of our customers.”

EoM.