Standard Chartered launches escape
Standard Chartered has launched escape, which offers institutions the power to provide online foreign exchange to their customers.
First Published by e-Forex News: July, 2002
Standard Chartered has launched escape, which offers institutions the power to provide online foreign exchange to their customers. The bank is well known for providing first class emerging markets liquidity, and they are now able to "white label" this service for other institutions and their customers.<br><br>With Standard Chartered they have access to a wealth of emerging markets knowledge and expertise that can be passed on to their clients. Standard Chartered's foreign exchange network spans over 100 different currencies and, through escape, puts it right at the customers' fingertips.
The process is simple: escape works on a "bank-to-bank" basis and leaves the partner bank in control of their customer relationships, as it should be.<br><br>The clients access real-time online foreign exchange from their bank, which in turn is selectively sourced from Standard Chartered Bank. This means the partner bank can take the credit for Standard Chartered's expertise and seamlessly, instantly, pass it on to their clients. 24 hours a day.