CIBC makes foreign exchange transactions for small and mid-sized businesses as easy as a few mouse clicks with the launch of CIBC FX Web Dealing. Through this Internet-based product, business clients can get live quotes, transfer funds between accounts, purchase a draft, send a wire transfer or obtain transaction history, instantaneously and securely from their desktop.
CIBC FX Web Dealing is a leading edge, real-time, Internet-based application for small and mid-size companies that transact a minimum of $100,000 in foreign currency conversions each year. Now, these business clients can conduct their foreign-exchange transactions at their convenience.
“CIBC recognizes that time is a valuable commodity to Canadian small and mid-size businesses. With the increase in global trade and the advance of e-Commerce, we wanted to provide our clients with the ability to conduct their foreign exchange conversions in a quick, secure, and efficient manner,” explains Craig Ellis, managing director of North American Foreign Exchange Sales for CIBC World Markets. “Building on the strength and the security of CIBC’s network, we employed the latest Internet-encryption technology by partnering with Zero Base Development Inc. of Montreal to deliver this innovative and exciting solution to our clients.”
Information about CIBC’s Foreign Exchange Web Dealing is available on the Internet at [www.fxdealing.cibc.com].
CIBC is one of North America’s leading financial institutions. It offers a full range of products and services through its comprehensive electronic banking networks, branches and offices across Canada and around the world. Zero Base Development Inc. designs supports and markets its own treasury Foreign Exchange and Fixed Income applications from offices in Montreal and Bangkok, Thailand.