World’s Best Foreign Exchange Providers 2013

Global Finance

Names the World’s Best Foreign Exchange Providers 2014


New York, November 25, 2013

Global Finance

magazine has named the World’s Best Foreign Exchange Banks and Providers by country, region and category in an exclusive survey to be published in the January 2014 issue.

Deutsche Bank was named as the global winner.

Global Finance

editors with input from industry analysts, corporate executives and technology experts also selected the best currency trading providers in 97 countries or regions. The best online foreign exchange systems were also identified. Criteria for choosing the traditional and online winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.

Corporations operating in todays global markets need the advice, tools and services of a trusted foreign exchange provider. The $5.3 trillion-a-day FX market is undergoing rapid changes as a result of technology and new regulations. We have identified the banks and systems that corporations can rely on to manage their FX exposure in every-changing markets worldwide, says Joseph D. Giarraputo, publisher and editorial director of

Global Finance


Deutsche Bank
North America Citi
Western Europe Deutsche Bank
Asia-Pacific HSBC
Southeast Asia DBS
Nordic Countries SEB
Central and Eastern Europe Societe Generale
Latin America Citi
Middle East National Bank of Kuwait
Africa Standard Bank
Algeria Arab Banking Corporation Algeria
Angola BES Angola
Argentina Citi
Armenia Ameriabank
Australia ANZ
Austria Bank Austria
Bahrain Ahli United Bank
Belarus Belarusbank
Belgium BNP Paribas Fortis
Botswana Stanbic Botswana
Brazil Ita Unibanco
Bulgaria UniCredit Bulbank
Canada Scotiabank
Chile Banco Santander Chile
China Bank of China
Colombia Banco de Bogot
Costa Rica Citi
Cyprus Bank of Cyprus
Czech Republic CSOB
Denmark Danske Bank
Ecuador Citi
Egypt CIB
El Salvador Citi
Estonia SEB Pank
Finland Nordea
France BNP Paribas
Gambia Standard Chartered
Georgia TBC Bank
Germany Deutsche Bank
Greece National Bank of Greece
Guatemala Citi
Honduras Citi
Hong Kong HSBC
Hungary OTP Bank
India DBS
Indonesia DBS Indonesia
Ireland Bank of Ireland
Israel Bank Leumi
Italy UniCredit
Jamaica Scotiabank Jamaica
Japan Mitsubishi UFJ Financial
Jordan Arab Bank
Kazakhstan Halyk Bank
Kenya CfC Stanbic Bank
Kuwait National Bank of Kuwait
Latvia SEB
Lebanon BLOM Bank
Lithuania SEB
Macedonia Komercijalna Banka ad Skopje
Malaysia Maybank
Mexico Banamex
Moldova Moldova Agroindbank
Netherlands ING
New Zealand ANZ
Nigeria Stanbic IBTC Bank
Norway SEB
Oman BankMuscat
Pakistan Standard Chartered
Paraguay Banco Ita Paraguay
Peru Citi
Philippines HSBC
Poland BRE Bank
Portugal Banco Santander Totta
Qatar Qatar National Bank
Romania Raiffeisen Bank Romania
Russia VTB Capital
Saudi Arabia Samba Financial Group
Sierra Leone Standard Chartered
Singapore DBS
Slovakia CSOB
Slovenia Nova Ljubljanska Banka
South Africa Standard Bank
South Korea KEB
Spain Santander
Sweden SEB
Switzerland Credit Suisse
Syria Bank of Syria and Overseas
Taiwan CTBC Bank
Thailand Siam Commercial Bank
Turkey Akbank
Ukraine Nadra Bank
United Arab Emirates Emirates NBD
United Kingdom HSBC
United States Citi
Honorable Mention BNY Mellon
Uruguay Citi
Venezuela Banco Mercantil
Vietnam Vietcombank
Zambia Stanbic Zambia
Best FX Research BNY Mellon
Best Fundamental Analysis Brown Brothers Harriman
Best Technical Analysis BNY Mellon
Best Forecasts BNY Mellon
Best Strategy/Hedging Deutsche Bank
Best Bank BNP Paribas Cortex FX
Best Independent Thomson Reuters
Best Retail Forex Capital Markets (FXCM)