Currency Simplified.
Executes payment transactions and transfers across the globe in minutes
Eliminates logistical challenges of managing cross-border currency operations
Enjoys considerable savings in lieu of expensive banking fees
With its 70 years of experience in servicing Israel’s bustling ports system, HM Olami is an all-purpose agency that enables the influx and dispatching of goods to-and-from around the globe. The company facilitates virtually every major service associated with the global import and export business, including customs representation; ocean and air freight; land transport; and cargo insurance.
All these complex activities require transferring funds and issuing cross-border payments in multiple currencies on an ongoing basis – which can prove to be a logistical nightmare.
“ABCM is a winning combination of speed, savings, and simplicity of use.”
“Prior to discovering Okoora’s ABCM™, we’d issue money transfers and international payments through the auspices of the various banks we worked with,” states Saar Hizkia, the Account Manager of HM Olami. “The ABCM platform accelerates the speed at which a currency transaction can take place. With some of the countries we do business with, it amounts to literally a matter of minutes as opposed to the long hours or even days that it can take through traditional banking channels.”
The benefits of the platform go far beyond the speed of transactions for the seasoned port services provider. It speaks directly to their bottom line. “ABCM stands out as a better alternative to banks and their hefty service charges,” Saar Hizkia says. “When I consider the number of multi-currency payments we issue on an ongoing basis, there is simply no competition. Okoora saves us from the prohibitive expenses of traditional bank transactions. We’ve been using them to perform approximately $150,000 worth of transactions on a monthly basis, which I’m sure we will be increasing in the future.” Looking forward, Saar concludes: “ABCM is a winning combination of speed, savings, and simplicity of use. We’ve been increasing our activities on the platform significantly over the past year, and I foresee us continuing in that vein.”
Customers praise ABCM
“Staying connected to the pulse of the currency markets with ABCM™ enables me to perform transactions according to real-time exchange rate opportunities that best suit me in achieving our business objectives.”
“The platform provides a complete picture of the market environment, the currency activity in each and every country, and automated analyses that help Automax in choosing the most correct procurement procedure.”
“ABCM™ is the only platform that addresses the entire currency lifecycle. Highly recommended for any business that manages more than one currency.”
“I can open a foreign bank account overseas – at any time of day or night – without ever having to leave my office.”
“Okoora has transformed dealing with currencies into a simple and positive experience.” to manage and mitigate currency risks in a professional and effective manner.”
“ABCM gives us a complete picture of the currency market environment, which helps us to manage and mitigate currency risks in a professional and effective manner.”
“When I consider the number of multi-currency payments we issue on an ongoing basis, there is simply no competition. ABCM stands out as a better alternative to banks and their hefty service charges.”
“Okoora’s ABCM handles all of our multi-currency payments as well as travel cash disbursement for employees. It saves us significant time and effort.”
“Okoora’s hedging tools are based on well-developed methodologies. They assist us in formulating our financing and payment transaction strategies and save us a lot of money.”
“ABCM changes the way we buy currency and track our global transactions. It’s simple, obvious, and convenient. Their security protocols give me the confidence that the money is safe.”
“ABCM™ provides me with a single address for managing our entire currency workflow. It’s making my life much easier.”