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PAObank enables real-time FX transactions using Citi’s API

Accounts of end customers will be debited and credited in real time.

Hong Kong’s PAObank has partnered with Citi to enable its customers to conduct real-time foreign exchange (FX) transactions in Hong Kong dollar, US dollar, and renminbi.

PAObank, one of the city’s digital-only banks, has connected with Citi’s FX API to enable the service on its mobile banking app.

The process is fully automated, with accounts of end customers debited and credited in real-time, according to a press release on 9 December 2025.

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