Banorte already allows to operate investment funds from the cell phone

Facebook
Twitter
LinkedIn
  • You still need to go to the branch to buy them for the first time. 
  • It has funds designed by Franklin Templeton, Vanguard, Alliance Berstein and BlackRock.
  • The app allows you to consult detailed balances and movements during the current month and up to three months ago.

As part of its commitment to expand access to financial services, Banorte becomes the first banking institution in Mexico that allows the operation of buying and selling investment funds through mobile banking from 1,000 pesos or approximately 53 dollars.

Currently, the funds that can be operated from the mobile should be contracted for the first time in the branch and are those of the operator, which has eight funds in the local segment and seven in the international, offering exposure to both debt and international equities and supported by the capabilities of managers such as Franklin Templeton, Vanguard, Alliance Berstein and BlackRock .

The new functionality of the Banorte Móvil application allows customers to consult detailed balances and movements of their investment funds during the current month and up to three months ago, as well as receive notifications and issue receipts.

According to the bank, “managing the funds account from the app is very easy: the customer only has to choose between buying or selling, selecting the fund and series, defining the amount and authorizing the operation. , Banorte gives its customers the mobility they need to operate from anywhere in the world thanks to the cellular token that lives in your phone, and with existing security measures, such as: face recognition, fingerprint, as well as unique username and password.”

Source: https://www.fundssociety.com/es/noticias/negocio/banorte-ya-permite-operar-fondos-de-inversion-desde-el-celular

Share.

RELATED POSTS

Image Courtesy DC Studio Freepik
NatWest Group And NCR Atleos Partnership To Boost Self-Service Banking
Roberto Hoornweg, Co-Head of Global Corporate & Investment Banking division and CEO of Europe, Americas, Africa & Middle East at Standard Chartered, and Robert McAnally, SVP-Head of Treasury & Corporate Finance at Siemens Energy. Image Courtesy: Standard Chartered
Standard Chartered Launches Multi-Country Sustainability Trade Finance Facility for Siemens Energy
Apple Pay launched in Egypt. Image Courtesy: Mastercard
Mastercard Collaborates with CBE and EBC to Bring Apple Pay for Users in Egypt

LATEST POSTS

Dubai Peninsula. image courtesy: H&H
Bahrain Marina Development Company (BMDC) has announced the signing of a cooperation agreement with Khaleeji Bank aimed at offering flexible and competitive financing solutions for prospective buyers of luxury residential units within Bahrain Marina Residence. Image courtesy: BMDC
Sunset Hospitality Group Announces Strategic Partnership with Zeroe
Infracorp Partners with Mashreq in New Strategic Collaboration