European Merchant Bank (EMBank), a Lithuanian financial services provider specialising in SMEs, has unveiled a new Currency Exchange functionality within its EMBank Online platform. This service allows clients to execute foreign exchange transactions in real time, making day-to-day multi-currency operations faster, simpler, and more transparent.
In the current business climate, characterised by increased international operations, the demand for swift and adaptable multi-currency tools has become paramount. EMBank’s Currency Exchange feature responds to this demand by empowering business users with direct control.
Sarp Demiray, CEO of EMBank, stated that: “Our clients require tools that will assist them in maintaining control of their finances in an international context. This new Currency Exchange feature enables businesses to manage their currency positions instantly, without ever leaving their banking platform.”
In order to use the Currency Exchange service, clients must have accounts in the currencies they wish to trade. To activate the feature and begin using the service, clients should contact their EMBank customer representative.
Key benefits
The Currency Exchange feature provides clients with direct access to foreign exchange trading within the EMBank Online platform. It offers real-time currency rates and immediate transaction execution, eliminating the need for external platforms or intermediaries. This functionality enables businesses operating in multiple currencies to manage their cash flow more efficiently and flexibly. The solution is seamlessly integrated with EMBank’s core banking and payment systems, thus enhancing operational efficiency.
“This is another step in our journey to provide smart, scalable tools that help our clients succeed in a digital economy,” Demiray added. “We are committed to continuous innovation and developing financial services that move at the speed of business.”
The launch of this feature builds on recent advancements, including the integration of Visa B2B Connect and the migration of core systems to Oracle Cloud Infrastructure, and further strengthens EMBank’s digital offering. EMBank is dedicated to investing in solutions that help its clients grow efficiently, securely and globally.
