BTG Pactual delivers best-in-class FX execution across Latin America, driving volume growth through automation, platform upgrades, and regional expansion.
Latin America’s FX markets are shaped by persistent volatility, commodity-driven cycles, and complex cross-border flows, making execution quality and speed essential for corporates and investors.
Against this backdrop, certain firms have emerged as regional FX leaders, delivering best-in-class execution across Latin America.
Amid shifting market conditions, Global Finance’s regional winner has prioritized platform efficiency, regional connectivity, and automation to meet rising client demands. These investments strengthen its position as a key FX provider for corporates navigating Latin America’s complex and volatile markets.
Best FX Bank In Latin America
BTG Pactual
Supported by a surge in client activity and an expanding regional footprint, BTG Pactual continues to provide best-in-class FX execution for corporate clients across Latin America.
In the first half of last year, even as total FX volumes contracted in its home market of Brazil, BTG increased traded volume by 5.5% and more than doubled its transaction count, achieving 103% growth channels, including institutional, corporate, wealth, retail, and small and midsize enterprises (SMEs).
The bank responded to this surge by increasing FX-desk allocation to $15 million—a 25% YoY increase—directing resources to automation, execution quality, and platform modernization.
In July, BTG announced its intention to expand its regional network with the acquisition of HSBC’s operations in Uruguay, adding 50,000 clients and roughly 7% market share in a strategically important market for South America’s Southern Cone and offshore flows.
On the tech side, BTG’s rebuilt FX interface, released early last year, made onboarding noticeably faster and simplified the regulatory steps clients face before trading. The firm also rolled out an automated approval engine that now signs off on roughly 30% of FX transactions instantly, cutting processing time and removing a large share of routine manual checks.
Separately, the recent introduction of BTG’s OneSettlement platform marked a step forward for cross-border payments in Latin America. The system gives clients immediate local-currency credit on inbound US dollar flows, a feature that helped push settlement times down from more than 1,100 minutes to under 500.
