Bank of Baroda Launches bob FxOne for Corporate & MSME Clients

New Delhi: Public Sector Lender, Bank of Baroda, has announced the launch of bob FxOne – an exemplary digital foreign exchange platform designed specifically for the Bank’s corporate and MSME customers.

The initiative bob FxOne enables 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.

The initiative 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.

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Significant Key features of bob FxOne:

• Instant Deal Booking with One Click Trade (1CT) and Request for Quote (RFQ)

• Comprehensive forex booking options including cash, tom, spot, forward, bills, and options

• Simplified tracking of forex exposure and transactions

• Personalised dashboard with smart alerts

Speaking on the launch, Shri 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-friendly interface 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.”