CaixaBankFXNow Wallets for legal entities Qorus-Infosys Finacle Banking Innovation Awards 2024

Businesses seek efficient methods to purchase, sell, or pay international suppliers and receive payments globally, making FXNowWallets the optimal choice.

This service enables users to independently create and manage online wallets for each currency they wish to trade in, while associating a unique IBAN to each wallet so they can send and receive international payments directly into their wallet.

Once the conditions are agreed upon and your company’s user permissions are selected according to your preferences, the FxNow Service will be automatically activated with your CaixaBankNow business account in Euros. From that point onward, you will gain full access to the CaixaBankFXNow platform. Opening a wallet requires just two simple steps: selecting the currency and loading funds from your euro account. Creating wallets is entirely free and can be done conveniently online.

Once the wallet is funded, you can start using it for your daily trading. The service allows you to trade and transact with over 25 currency pairs worldwide. Similar to a standard business account, you can review details, transactions, and balance breakdowns following your daily trading.

The platform empowers users with full autonomy to load, transfer, and manage international transactions independently, eliminating the need for traditional FX services from the bank. With this capability, businesses can create wallets and manage them directly from the CaixaBankFXNow platform, ensuring agility and centralised control over all operations and transactions from a single space.