What’s new?

5 New Currencies

 

We’re excited to announce that Secure Currencies has added a number of new currencies. From today you and your customers will be able to make payments using the following currencies:

Brazilian Real (BRL)

Brazil is not only the largest country in South America but also boasts one of the world’s largest economies, with diverse sectors including agriculture, manufacturing, and services.

Indian Rupee (INR)

India is known for its vibrant culture, diverse population, and rapidly growing economy, making the Indian Rupee an essential currency in global finance.

Malaysian Ringgit (MYR)

Malaysia is a Southeast Asian country known thriving economy driven by industries such as electronics, palm oil, and tourism.

Philippine Peso (PHP)

The Philippines is renowned for its beautiful beaches, rich biodiversity, and resilient economy, with sectors such as outsourcing, remittances, and agriculture playing significant roles.

Moroccan Dirham (MAD)

Morocco’s economy is diversified, with key sectors including tourism, agriculture, and manufacturing.

Currency Conditions

To access new currencies the following conditions have to be met:

  • New currencies have to be enabled for the account
  • Currency is only available as BUY only
  • Beneficiary must be pre-selected when executing a trade
  • Client has to pre-fund the balance to execute a trade
  • New currencies can only be bought against majors (GBP, EUR, USD)
  • Failed payments will be returned in sold currency

Next currencies

We are planning to release the following currencies in the next few weeks:

• Indonesian Rupiah (IDR)
• Vietnamese dong (VND)
• Egyptian Pound (EGP)
• Nigerian Naira (NGN)
• Pakistani Rupee (PKR)