Guatemala: Citi Launches Virtual Forex Platform

Through CitiFx Pulse, Citi's corporate clients will be able to engage in real-time currency transactions via Internet.

Wednesday, September 23, 2009

The tools includes analysis tools, such as charts, reports and documents written by Citi's analysts, in order to assist the investor.

"With this system, the customer can trade national and foreign currencies. CitiFx Pulse takes care of all the customer's currency needs in a single screen. Additionally, it can be expanded to process investment operations", explained Eduardo Oviedo, corporate treasurer at Citi Guatemala.

More on this topic

Increased Use of Online Banking in Guatemala

July 2011

In recent years, electronic transfers have been growing at a rapid pace.

Bank managers agree that the use of electronic banking operations reduces transaction costs, being this the main reason for its growth.

Luis Lara, manager of the Banco Industrial (BI) told Prensalibre.com that the institution expects amount of electronic transactions made by the end of 2011 to exceed those of 2010 when they totaled $1,377 million.

Costa Rica: Citi Launches Virtual Forex Platform

September 2009

Through CitiFx Pulse, Citi's corporate clients will be able to engage in real-time currency transactions via Internet.

Juan Guier, Citi Costa Rica's treasurer, informed that "With Citi Fx Pulse, the customer can take care of all its currency needs in a single screen".

From Elfinancierocr.com: "the service is available at interactivetradinglatam.cititreasury.com; however, it is only available to customers of the bank".

Little Use of On-Line Banking in Guatemala

February 2009

Users continue to prefer traditional operations; bankers maintain that in a short time frame, this tendency will revert itself.

Sigloxxi.com publishes an article in its website: "Among the hundred of the most visited places on the internet, and in just half of the count, only three banks are placed: G&T Continental (46), Industrial (51) and Banrural (60).

Online banking looms into view in Honduras

May 2008

Online banking could soon dramatically reduce the long lines that currently build up each day at banks in Honduras, said Guillermo Altamirano, business manager of the Finsol micro-finance group.

Growing use of cellphones and Internet points to a latent market for online banking, Altamirano said.

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