16 global currencies for business: Octobank expands international payment options
Now, legal entities—Octobank clients—can conduct conversion transactions and make payments in 16 key currencies—the G16.
16 Global Currencies for Business: Octobank Expands International Settlement Capabilities
Tashkent, Uzbekistan (UzDaily.uz) —
Octobank's corporate clients can now conduct conversion transactions and payments in 16 key global currencies, known as the G16.
The G16 list includes the currencies of major trading regions such as Europe, Asia, the Middle East, North America, and the Asia-Pacific region.
This innovation allows businesses to settle accounts with foreign partners directly in the currency specified in the foreign trade agreement.
Octobank Deputy Chairman of the Management Board, Bakhodir Mirzayev, commented: "International trade is becoming increasingly multi-currency. A company may have a supplier in China, a partner in the UAE, and a client in Europe—each requiring its own currency for settlements. Therefore, the task of a modern bank is not simply to process international payments, but to create an infrastructure that allows businesses to conveniently operate in different markets. If a bank helps a company move faster, it means it's a truly reliable partner."
Online Payments
Foreign exchange transactions and international payments are available through Octobank's online banking system. Clients don't need to visit a bank branch: applications and transactions are completed entirely digitally.
Octobank positions itself as a partner with whom businesses can confidently develop, explore new markets, and grow. Together, we achieve results!