Service available 24 hours a day, every weekday
Kuwait: Kuwait Finance House (KFH) has launched, as the first bank in Kuwait, Live FX service, which provides live dynamic foreign exchange rates with favorable margins 24 hours a day, every weekday.
The Live FX service is an innovative solution based on technology in the electronic foreign exchange markets, where customers are able to purchase and sell TRY and G7 currencies at favorable margins, day and night, through KFHonline on the website or the mobile app.
KFH provided the high-end Live FX service to create a solution to the problem of high foreign exchange margins outside of working hours due to lack of live pricing and smart hedging systems. This unique solution reflects the bank's experience, know-how and expertise on managing currency exposure and fintech solutions in the foreign exchange markets.
The bank’s innovative, dynamic and powerful Treasury and information technologies team with global infrastructure solution partners play an important role in realizing all these sophisticated fin-tech products and solutions. KFH reiterates the continuing innovation in its proucts and services.
The bank works tirelessly to provide better service to its customers. The Live FX is a qualitative leap in the method of moving forward in the digital transformation strategy of KFH. It is a pioneering technological service that carries multiple advantages, flexibility and permanent possibilities for development, in a way that serves the interest of customers and enhances their banking experience.
© Press Release 2021
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