StanChart unveils cross-currency transactional FX solutions suite

It offers FX payment services across 130 currencies in over 40 markets.

Standard Chartered has launched SC PrismFX, its cross-currency transactional foreign exchange (FX) solutions suite.

SC PrismFX integrates Standard Chartered’s digital, integrated transaction banking, financial markets, and digital platforms capabilities under one brand name.

It promises to deliver ‘robust’ FX payment services across over 130 currencies in over 40 markets.

The service is available for financial institutions (FI), non-banking financial institutions (NBFI), and corporate clients globally.

For corporate clients, SC PrismFX offers competitive FX pricing and expert emerging markets insights, along with payables, receivables, and trade finance solutions.

For PayTech clients, SC PrismFX offers an ‘extensive’ distribution and payments network across developed and emerging markets; connectivity to local and instant payment schemes; and a variety of digital FX solutions.