Under this agreement, the first one in Spain between a financial institution and a fintech specializing in foreign currency and international transactions, Unicaja Banco brings to its customer the international trade services that Ebury offers to businesses and to the self-employed
Unicaja Banco’s customers accessing Ebury’s services will be able to transact in over 140 currencies, with the most competitive exchange rates, and will also be able to make international collections in over 60 currencies, to have access to accounts in currencies in several countries, including the USA and the United Kingdom, cash management and access to the online platform to manage currencies at any time and place
Unicaja Banco and Ebury, a fintech specializing in foreign exchange, have reached a collaboration agreement to provide companies and freelancers which are customers of the bank with the products and services related to international and currency transactions and to foreign exchange hedging offered by this company, such as the possibility to transact in over 140 currencies.
Under this agreement, the first one in Spain between a financial institution and a fintech specializing in foreign currency and international transactions, Unicaja Banco enlarges and enhances the international trade services that it provides to businesses and to the self-employed.
Unicaja Banco’s customers accessing Ebury’s services will be able to transact in over 140 currencies with the most competitive exchange rates, and will also be able to make international collections in over 60 currencies, to have access to currency accounts in several countries, including the USA and the United Kingdom, cash management and access to the online platform to manage currencies at any time and place. Those services are available 24/7 through a specific online platform.
The agreement has been signed by Unicaja Banco, by the Chief Financial Officer, Pablo González, and by the Head of Specialized Banking, Emilio Mejía, and by Ebury, by its CEO and founder, Juan Lobato. Pablo González has remarked ‘the added value provided by the signature of this agreement with a leading company in international transactions and foreign exchange as Ebury, as well as the advantages for the companies and the self-employed customers of Unicaja Banco which will use these services’.
Juan Lobato has declared that ‘it is a great satisfaction for Ebury to announce this pioneering alliance with Unicaja Banco. It will be the first time that a commercial bank in Spain joins a fintech specializing in international transactions, cash management and foreign exchange. Our technology platform and our deep knowledge of the market will be at the service of Unicaja Banco’s customers, which will have a strategic solution for international banking and will get the best of the on-going innovation developed by Ebury’.
Under this agreement between Unicaja Banco and the fintech Ebury, the bank reinforces its channels for the relation with companies which are customers to enhance their experience and to supplement its range of services.
Furthermore, the agreement allows Unicaja Banco to advance in its Transformation and Commercial Dynamism Plan and to adapt to the new technology scenarios of the financial system, focusing on the creation of collaborative digital eco-systems, innovation and alliance with fintechs, in order to increase the range of physical and digital services that it offers to its customers.
Ebury is a fintech specialized in foreign exchanged based in the United Kingdom and with offices in Madrid, Barcelona and Malaga, where its technology center and a large part of its team are based. It is one of the fastest-growing fintechs at a global level and it is in continuous expansion.
Ebury uses its infrastructure and a strong technology base to facilitate foreign payments and collections and to cover all the needs of companies to develop their international business. Its real-time settlement system allows over 60% of international transactions to be executed on the same day.
