FxOffice allows financial institutions to offer their customers virtual IBANs from one or multiple underlying banks or providers. The platform leverages built-in API (or file connectivity) to completely automate the receipt of funds and track respective balances of each customers' currency account thereby streamlining back-office operations.
As global commerce and B2B payments expand across borders and currencies, virtual IBANs can pave the way for your customers to automate international FX collections and carry balances in various currencies. FxOffice makes cross-border collections processes seamless by modernizing day-to-day back-office operations across borders and currencies for both financial institutions and their customers.
Datasoft FxOffice is a foreign exchange software and global payments platform that offers financial institutions a completely integrated forex, treasury, compliance and payments platform.