Dukascopy launches Private Retail Banking

Dukascopy launches Private Retail Banking explained by professional Forex trading experts the “Dukascopy launches Private Retail Banking” FX trading team.

Dukascopy launches Private Retail Banking

Swiss Forex brokerage house Dukascopy Bank SA just announced that it has entered the new domain of core banking business – retail banking. The cornerstone of its new business model is a combination of online video identification and banking infrastructure built around a modern messenger and social network.

Dukascopy has achieved the technological point, at which it is beneficial to provide services to regular office employees earning hundreds or thousands of Euro/Dollars/Francs per month. The company firmly believes that this shall allow it to become the first private/investment bank in Switzerland for the international retail customers.

Dukascopy has become the first Swiss bank to open all accounts available for the clients worldwide by means of remote video identification. The whole procedure takes around 20 minutes. There is no need any more to visit the bank’s premises. The process includes three simple steps: filling in the online application form, installing mobile app Dukascopy Connect from Google Play Market or Apple App Store, and initiating a video call with Dukascopy. It should be noted that this technology has been tested during the last two years in Dukascopy Bank’s European subsidiary Dukascopy Payments.

Dukascopy Connect is a free in-house developed mobile application that combines the functions of messenger and internet bank. On the messaging side, it enables a wide variety of tools, such as audio and video calls, sending text, audio or video messages through individual, group and public chats, access to bank’s 24/7 client support. All communication is automatically encypted, but the user can add an additional encryption layer. On the financial side, the application provides access to the full functionality of the bank account and allows instant money transfers to any of the phonebook contacts. All clients’ financial data are protected with two-factor authentication.

Dukascopy launches Private Retail Banking Conclusion

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