The Guardian (Nigeria)

Kiakiafx, Turtlewax BDC partner to deepen foreign exchange market

- By Benjamin Alade

Kiakiafx and Turtlewax Bureau de Change (BDC) have partnered to deepen the foreign exchange (forex) market and services, through robust technology and customer friendly approach in promoting sales and obtaining forex in the country. Management of the firms and their partners, Perchstone and Graeys, made this known during the official launch and unveiling of Kiakiafx in Lagos at the weekend, stressing that the indigenous firm would promote the sale of retail FX obtained from autonomous sources.

Speaking at the signing of the technical services agreement with Turtlewax BDC, Managing Director of Kiakiafx, Abosoye Coker, assured that customers could exchange FX from the comfort of their homes and offices through their desk- tops, tablets of mobile devices.

Coker explained that due to government’s quest to check money laundering and corruption, the platform could allow customers to do $2,000 per transactio­n and a maximum of $20, 000 daily. “With a chic and simple feel, the website offers users the opportunit­y to navigate through Kiakiafx’s extensive range of FX services with ease. The website, which has robust security features, delivers a full user experience, transition­ing easily from desktop to mobile services.

“We hope that users will find our interface accessible and easy to use.

The FX market is a growing market worldwide due to increased globalisat­ion and Kiakiafx has identified a market need for a transparen­t and convenient retail space for multiple currency

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