Saham Bank Digitalizes Business Currency Exchange with the Launch of the MyFX Application
Saham Bank Takes a New Step in the Digitalization of Business Services with the Launch of MyFX
Saham Bank has reached a significant milestone in the digitalization of its services for businesses with the introduction of MyFX (My Foreign Exchange), a mobile application specifically designed for currency transactions. Marketed as a first in the Moroccan market, this platform primarily focuses on clients in the trading room, particularly importers and exporters.
Through this solution, the bank aims to provide companies with a smoother, faster, and more autonomous management of their currency operations. MyFX allows users to view real-time exchange rates, buy or sell currencies, track transaction history, and request quotes directly from a smartphone or web interface, available 24/7, five days a week.
“With MyFX, we are offering our clients complete control over their currency operations by combining cutting-edge technology, transparency, and responsiveness. This innovation concretely illustrates our commitment to profoundly transforming the transactional experience,” emphasizes Larbi Mouline, Deputy General Director in charge of investment banking at Saham Bank.
The launch comes at a time of significant volatility in the foreign exchange markets, where responsiveness and immediate access to information have become key factors for companies operating internationally. Both importers and exporters are particularly concerned about managing foreign exchange risk, which directly impacts their margins and competitiveness.
By centralizing multiple functionalities—transaction execution, rate consultation, data export in Excel or PDF formats, and a messaging service with bank experts—MyFX positions itself as an integrated platform tailored to meet the needs of foreign trade operators.
With this innovation, Saham Bank reaffirms its digital transformation strategy aimed at businesses, in a Moroccan banking sector increasingly committed to modernizing transactional services and empowering professional clients.
