Oanda Broadens into Germany in Collaboration with Western Union


This news item was originally published here.

Oanda will supply forex services to its consumers in Germany with ease of cross border transfer of currency.

Oanda, a worldwide online forex service company to individual consumers and corporations, has actually broadened its operation to Germany in collaboration with worldwide payment company Western Union. Oanda will be using a brand-new cross-border money transfer option to its clients in Germany.

The services will be provided 24/7 through desktop and mobile application platforms on an actual time basis. It will make it possible for consumers to move money in over 130 currencies in between more than 170 nations and areas worldwide in minutes. The services will be readily available to its consumers through the company’s online currency converter.

Discussing the launch of services in Germany, Mr Vasta Narasimha, OANDA’s CEO, stated: “The choice to release OANDA Money Transfer in Germany was a natural option, because countless local customers currently count on our currency converter to supply precise foreign exchange rate details. Now, thanks to our alliance with Western Union, customers and business in Germany can quickly use our competitive money transfer option with the understanding that they are dealing with 2 of the most relied on banks in the market.”