Standard Chartered unveils cross-currency transaction FX solution

It offers competitive FX pricing and an automated FX payment service.

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

The solution integrates transaction banking, financial markets, and digital platforms capabilities of SC PrismFX under a brand name to deliver FX payment services in over 140 currencies and 40 markets.

SC PrismFX is offered to financial institutions (FI), non-banking financial institution (NBFI), PayTech, and corporate clients globally.

Standard Chartered promise competitive FX pricing, an extensive distribution and payments network across developed and emerging markets, connectivity to local and instant payment schemes, and upfront FX rate visibility and transparency.

The platform also offers the Auto FX conversion, an automated FX payments service.