{"id":55123,"date":"2025-12-09T04:05:00","date_gmt":"2025-12-09T04:05:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/12\/09\/paobank-partners-with-citi-to-bring-new-currency-exchange-service-to-retail-customers-in-hong-kong\/"},"modified":"2025-12-09T04:05:00","modified_gmt":"2025-12-09T04:05:00","slug":"paobank-partners-with-citi-to-bring-new-currency-exchange-service-to-retail-customers-in-hong-kong","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/12\/09\/paobank-partners-with-citi-to-bring-new-currency-exchange-service-to-retail-customers-in-hong-kong\/","title":{"rendered":"PAObank Partners with Citi to Bring New Currency Exchange Service to Retail Customers in Hong Kong"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        HONG KONG SAR &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 9 December 2025 &#8211; Citi and PAO Bank Limited (&#8220;PAObank&#8221;) have partnered to enable PAObank to introduce a new service, allowing PAObank&#8217;s retail customers to conduct real-time foreign exchange (FX) transactions in Hong Kong dollar, US dollar and Renminbi 24\/7. The two organizations are planning to extend the FX service to include additional currencies. While supported by Citi&#8217;s platform, this FX service is offered by PAObank directly to its end customers.<\/p>\n<p>By connecting to Citi&#8217;s proprietary FX API (Application Programming Interface), PAObank can enable its retail customers to conduct real-time FX transactions on its Mobile Banking APP. The process is fully automated. The accounts of the end customers will be debited and credited seamlessly in real time.\n<\/p>\n<p>Citi FX API is a plug\u2011and\u2011play solution that can be seamlessly integrated into Citi clients&#8217; existing systems and processes. The solution provides Citi clients with access to more than 100 currencies<b>*<\/b>, enabling them to go to market faster, without the need for tech infrastructure buildout and in-house FX trading capabilities.\n<\/p>\n<p>&#8220;For over a decade, Citi&#8217;s FX API solutions have been helping financial institutions and payment intermediaries drive their businesses forward, enabling them to offer FX and cross\u2011border payment services to their end customers,&#8221; said<br \/>\n<b>Darren Brighton, Global Head of Digital FX Sales for Citi<\/b>. &#8220;We are excited to partner with PAObank on the launch of their currency exchange service for retail customers, supporting the company&#8217;s commitment to advancing financial inclusion through cutting-edge digital banking services.&#8221;\n<\/p>\n<p>&#8220;We are delighted to partner with Citi for PAObank to introduce real-time FX service to our retail customers via the PAObank Mobile Banking APP, accelerating our goal towards offering comprehensive retail banking services. This collaboration strengthens PAObank&#8217;s capability to deliver seamless banking services, underscoring our commitment to enhancing customer experience and advancing digital banking in Hong Kong,&#8221; said<br \/>\n<b>Kenneth Tsoi, Head of General Banking Product, PAObank<\/b>.<br \/>\n<br \/><b><i><br \/>\n    <br \/>*The number of currencies will be dependent on the Citi entity that the client transacts with. <\/i><\/b>\n<\/p>\n<p><b>Hashtag: <\/b>#Citibank #PAObank<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/435647\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/hong-kong-sar\/2025\/12\/09\/435647\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach Newswire &#8211; 9 December 2025 &#8211; Citi and PAO Bank Limited (&#8220;PAObank&#8221;) have partnered to enable PAObank to introduce a new service, allowing PAObank&#8217;s retail customers to conduct real-time foreign exchange (FX) transactions in Hong Kong dollar, US dollar and Renminbi 24\/7. The two organizations are planning to extend &hellip;<\/p>\n","protected":false},"author":1,"featured_media":55124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/55123"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=55123"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/55123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/55124"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=55123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=55123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=55123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}