Tag: Banco Monex

CLS
April 22, 2020 BY Steffy Bogdanova

Banco Monex to become the first bank in Latin America to offer third-party access to CLSSettlement

Héctor Lagos, CEO, Banco Monex, commented: As a CLSSettlement member for nearly two years, we have benefited from the increased liquidity, reduced settlement risk and greater operational efficiency the service provides. We look forward to facilitating access to CLSSettlement for our clients as third parties and believe this will help to build a more robust…

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May 30, 2018 BY Valentina Kirilova

Banco Monex becomes first Mexican FX settlement member to CLSSettlement

CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that Banco Monex has joined as a settlement member. Banco Monex joins 69 other leading banks in becoming a settlement member in CLSSettlement, the payment-versus-payment settlement service for the global foreign exchange market – which settles USD5 trillion on an average…

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