DeVere adds 22 currencies and transfer feature to e-money app

The deVere Vault has added 22 new currencies and a new feature to enable third party transfers, via its global e-money app.

As a result of the upgrade, users of deVere e-money’s app can now store and transfer money in a total of 27 currencies. The additional new feature now enables transfers to the individual’s own accounts or those of a family member or a friend, an organisation or business – anywhere in the world.

The global IFA and financial services company said in statement announcing the upgrade that new feature also includes the ability to select from standard or priority payments and save a list of beneficiaries.

Nigel Green, chief executive and founder of deVere Group, pictured left holding a deVere Vault card, said that he believes that with the additional 22 currency ‘wallets’  deVere Vault is “the world’s most international” e-money app.

“In today’s ever more globalised, connected world, you should be able to access, manage and use your money easily, wherever you are in the world,” said Green.  “From now on, access to your money has to be borderless. People will increasingly, not accept anything less. Vault gives globally-minded individuals, businesses and expats this power.”

Newly added to the list of Vault currencies of the pound Sterling, the US Dollar, the Euro, the Swiss Franc and the Polish Zloty, are; the Australian Dollar, Bulgarian Lev, Canadian Dollar, Chinese Yuan, Czech Koruna, Danish Krone, Emirati Dirham, Hong Kong Dollar, Hungarian Forint, Israeli Shekel, Japanese Yen, Mexican Peso, New Zealand Dollar, Norwegian Krone, Qatari Riyal, Romanian New Leu, Saudi Riyal, Singapore Dollar, South African Rand, Swedish Krona, Thai Bhat and Turkish Lira.

An additional automatic currency choice feature has been added in certain jurisdictions. For example, when a client uses the card in the US, the UK, the Eurozone or Switzerland, Vault automatically adapts to use in the right currency, without the account holder having to do a thing.

‘Digital revolution’

“We’re entering a new age,” added Green. “We are truly at the start of a tech and digital revolution that is monumentally changing the way we live, do business and connect to one another – and the changes are coming quicker than ever before and will affect more people than ever before.

“From self-driving cars, genetic bio-editing to intelligent robots, new technologies will impact every part of our lives. Our financial lives will be no exception.  Therefore, we’re committed to helping shape the future by developing accessible and in-demand fintech propositions that empower us all to achieve our financial objectives and manage our money in today’s world.”

Click here to watch an exclusive video interview with Nigel Green, filmed at the company’s back office operations in Malta last month.

The exclusive interview is also of part International Investment’s new ezine launch. To read/view the article including additional videos built into the ezine feature:

Click here to view our UK edition.

Click here to view our International edition.

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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