Equity Bank has launched EazzyFX, an innovation that allows SMEs and corporate customers to settle forex transactions.
Equity Uganda is the third subsidiary within Equity Group to launch EazzyFx following successful launches in Equity Bank Rwanda in June 2021 and Equity Bank Kenya in 2018.
Speaking at the launch, Mr. Samuel Kirubi, the Managing Director of Equity Bank Uganda said EazzyFX will enable customers to request for competitive quotes and prices for both the emerging market and the major traded currencies.
“The successful launch of EazzyFX is a testament of the bank’s commitment towards investing in digitization for the benefit of its customers. Customers will also enjoy real-time streaming access, the ability to place multiple trade orders and access to insights on the various currencies,” he said.
EazzyFX gives Equity customers freedom and control over their trading by enabling them to personalize their profiles and detail their preferred currency pairs from the main dashboard; in order to monitor a specific currency or to compare particular currencies against others.
In tandem, the platform will revolutionize foreign exchange transactions for businesses, institutions and individuals. With clients becoming more and more discerning, there is need for utilization of unique and innovative technology solutions to enable forex dealers to differentiate themselves.
“This new platform will drive efficiency in accessing and distributing foreign exchange liquidity in a more seamless and convenient manner. EazzyFX will give Equity customers a clear view of their full trade workflow and a history of their trading transactions,” he said.