Ouribank

Ouribank is a Brazilian provider of delivered FX, international payments, currency hedging and import-export settlements. It serves companies, financial partners and individuals, and complements its FX services with international lending and accounts for non-residents.

Services

The listed services are delivered FX, international payments, FX hedging and import-export settlement, in fiat currencies. Import and export settlements are the core use case for Brazilian trade companies, where documentation and exchange contracts have to be matched to each payment. The website is published in Portuguese for Brazil.

Market

The market listed is Brazil. Financial partners are named as a customer group, so the provider also works with other institutions, not only end customers.

Before engaging

The profile does not state the institution's licence, its supervisor, exchange-rate margins or limits. A client should confirm the authorisation under which foreign-exchange operations are conducted, which documents are needed for import and export payments, and how non-resident accounts are opened, since those requirements can affect timing and cost.