Banco Cuscatlán posted a sharp growth in FX activity and an expansion of its client base during the review period. It also hired a dedicated FX specialist to support the execution of its new commercial strategy, providing a clearer focus within the business.
The bank’s proposition extends across 22 currencies and is supported by two correspondent banks that provide execution and payment delivery capabilities. Newly approved clients can begin conducting FX transactions within five days of onboarding.
Newly approved clients can begin conducting FX transactions within five days of onboarding
Clients submit their payment instructions to Banco Cuscatlán, which manages the subsequent FX and cross-border payment process on their behalf.
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