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FX Convert
Bring Wall Street to Main Street, differentiate yourselves from the competition and drive a new source of revenue in this rapidly growing market
GPE can provide you with the infrastructure and training to offer foreign currency transactions to your customers. With transaction volume in the Foreign Currency Markets of approximately $1.2 Trillion per day, FX Convert offers your Institution the ability to create a new fee based revenue stream, the ability to generate significant spreads on the cover side and a competitive new product offering in this rapidly growing market.
Whether providing consumers with a new choice for their cash holdings or providing corporate customers the ability to carry foreign currencies in a rapidly globalizing economy, you will differentiate yourselves from the competition and create new revenue streams with the FX Convert Platform. With high liquidity, 24/7 quote availability and negligible transaction costs, retail investors will have a new investment vehicle to diversify their cash holdings in a global economy or manage their currency for payments to vendors and business partners outside the United States.. Your firm will have a new offer to differentiate itself from the competition in a commoditized and competitive banking environment.
FX Convert is a software tool which empowers retail bank customers to freely move their checking account balances between a set of defined currencies defined by the Bank. The solution is safe and secure, and does not expose your clients to "Leverage" and "Volume" risks. FX Convert is different than all other options available today. FX Convert promotes and assists conversion of customer balances to other currencies as opposed to trading which requires a customer to extend themselves on a margin (or equity).
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