Company news

A new bank account in Singapore!

We keep on increasing the number of bank accounts for diversification and choose more reliable banks as our partners. After opening accounts for serving our clients in Prague and Luxembourg, we have also opened accounts in the largest bank in Singapore - OCBC (Oversea-Chinese Banking Corporation). This is the 10th bank we actively work with.

We hope that the Company's clients will appreciate our actions aimed at banks diversification in macro-regions. After a large number of banks in Europe, this is the first our partner-bank in Asia.

We also believe that our clients in Asia, who are familiar with the largest local banks, will also appreciate this step.

You can deposit funds into your trading account via a bank transfer to OCBC bank in Singapore after a verification process and paying the invoice in the Trader Room.

Forex4you is a trademark of E-Global Trade & Finance Group, Inc. Company is registered in the British Virgin Islands (registration no: 1384287) in 2007. Main shareholders: private individuals. E-Global Trade & Finance Group, Inc is authorized and licensed by the Financial Services Commission (“FSC”) under the Securities and Investment Business Act, 2010 (“SIBA”) in the British Virgin Islands (“BVI”). The scope of activity of E-Global Trade & Finance Group, Inc. is providing foreign exchange brokerage services on the Internet using electronic payment systems. Partner and representation offices are located in London, Moscow, Riga, Mumbai, Kuala Lumpu and Frankfurt. In 2012, the company increased monthly turnover to over 15 billion USD; the total of active accounts of the company for one trade in 2011 was equal to 93,979. The number of employees is about 90 people. The main suppliers of liquidity are licensed companies based in London (UK). In 2012, the company introduced its own technology for the aggregation of liquidity. It also owns offices of a total of 1161.5 square meters.

OCBC (Oversea-Chinese Banking Corporation) – was founded in 1932 after the merger of three banks – the Chinese Commercial Bank, the Ho Hong Bank, and the Oversea-Chinese Bank. So far, the OCBC has assets of more than 224 billion SGD. At the end of 2010, the bank was the largest bank in Singapore by market capitalization. In 2011, Bloomberg reported that OCBC was the number one of World's 10 strongest banks in the world with total assets of $100 billion. The bank's global network includes over 530 branches and representative offices in 15 countries, including Singapore, Malaysia, Indonesia, China, Hong Kong, South Africa, Japan, Australia, UK and USA. OCBC group today consists of OCBC Bank of Singapore (bought in 2000), OCBC Securities, Great Eastern Holdings and Lion Global Investors. Sincerely, Forex4you

Friday, 05 Jul, 2013 / 10:04

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