BMO sets up Directline for FX

First Published: e-Forex Magazine 8 / News / October, 2002

As an active participant in the FX markets, being particularly strong in the corporate sector, BMO Nesbitt Burns has catered for the needs of Corporate Treasurers by setting up Directline for Business FX. “Our experience has taught us that our clients want to talk to us directly when executing their larger trades but need ease and convenience when handling routine transactions.” says Lynn Kennedy, Vice-President, Foreign Exchange at the bank. “Directline for Business FX was set up with their needs in mind. We provide instant pricing for spot and forward transactions in over 30 currency pairs, 24 hours a day and there are no user or payment fees.”Each Treasurer can place limits on their users right from their own office. Easy to use templates can be created for repetitive payments and the manual intervention ensures that a live trader is always available to assist with the unusual....continued

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