Thursday, December 26, 2024

GAT Investment Bank taps Currencycloud for new app launch

GAT Investment Bank partners with Currencycloud to launch GAT Money, a global banking app, providing access to competitive FX rates and a cross-border collections and payments network, with support for 35 currencies and local payouts to over 180 countries.

Facts

  • GAT Investment Bank collaborates with Currencycloud, a London-based international payment solutions provider, to launch the GAT Money global banking app.
  • GAT Money offers access to competitive foreign exchange (FX) rates and an extensive cross-border collections and payments network.
  • The app connects with Currencycloud’s multi-currency virtual accounts, enabling GAT to collect, convert, pay, and manage funds for its globally-focused client base.
  • Currencycloud integration expands GAT’s collection capabilities beyond USD, EUR, CAD, and GBP to 35 different currencies, with real-time FX conversion and local payouts to over 180 countries.
  • Jill Murray, director of GAT Investment Bank, chose Currencycloud to offer customers the benefits of global banking, including smaller clients in more countries.
  • Currencycloud’s MD of APAC, Rohit Narang, highlights how the integration helps GAT overcome barriers for importer and exporter clients, providing a cost-effective and near-instant cross-border transaction solution.
  • GAT joins Currencycloud’s client base, which includes Truzo, Unit, and Flutterwave.

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