Best Foreign Exchange Banks

Following are some of the world's best foreign exchange banks:

Ahli United Bank B.S.C. (AUB) - It has been selected 'Best Foreign Exchange Bank in the Middle East 2011' by New York based Global Finance magazine, one of the global leading financial publications. This is the fifth consecutive year that AUB has been recognized as the best performing foreign exchange bank across the Middle East, a great achievement that no other bank has accomplished so far.

Korea Exchange Bank - KEB was named the 'Best Trade Finance Bank in Korea' and the 'Best Foreign Exchange Bank in Korea' for 2010 for the third consecutive year by FinanceAsia, an authoritative magazine focused on the Asia-Pacific region that is read by global institutional investors, CEOs, CFOs, and financial regulatory officials across the region.

Citi - It is the top leading global financial services company, offering consumers, corporations, governments and institutions with a wide range of financial products and services. The bank has been named by Global Finance magazine as the "Best Foreign Exchange Bank and Provider" in Latin America for the fifth consecutive year (2011 Awards). Additionally, it was recognized as "Best Foreign Exchange Bank and Provider" in Argentina, Ecuador, El Salvador, Mexico (Banamex) and North America.

BMO Capital Markets - It is a leading full-service North American financial services provider and is the investment and corporate banking arm of BMO Financial Group. BMO Capital Markets has been named the Best Bank for the Canadian Dollar by FX Week Magazine. BMO's Foreign Exchange Group trades in all major and other exotic currencies, offering clients a wide range of capabilities, including: Canadian-dollar market making; North American hedging; 24 hour trading; Chinese transactions; Structured risk-management solutions (including derivatives, swaps and options, and real-time order monitoring and quotes through its leading web-based platforms).

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn