YEREVAN, November 13. /ARKA/. IDBank participated in Toon Expo.Invest 2026 Vol. 2, one of the region’s largest real estate and investment exhibitions. During the event, the Bank presented solutions for real estate purchases and financing, as well as the Rate.Trading digital platform, jointly developed with Rate.am, which is transforming the approach to large-volume foreign currency exchange transactions.
According to Gevorg Mamikonyan, Director of Rate.am, the main objective of Rate.Trading’s participation in Toon Expo was to demonstrate how modern digital tools can help visitors carry out foreign currency exchange transactions more efficiently, manage exchange rate risks, and optimize financial costs.
“In large-scale real estate transactions, even minor exchange rate fluctuations can result in significant financial losses. Rate.Trading offers a more effective way to manage these risks by allowing users to carry out foreign currency exchange transactions involving large sums entirely online. Visitors to Toon Expo can explore the platform’s features firsthand, try out its digital tools, and learn how to make currency exchange transactions more efficient and manageable,” said Gevorg Mamikonyan.
Key advantages of the Rate.Trading platform:
- Set your preferred exchange rate: The platform allows users to submit a request to buy or sell foreign currency at their desired exchange rate. Once IDBank confirms the request, the transaction is executed immediately.
- Time savings and convenience: There is no need to visit a bank branch to exchange large sums, as foreign currency exchange transactions can be carried out entirely online.
- Effective exchange rate risk management: The platform helps users manage financial risks associated with exchange rate fluctuations, particularly in large-scale transactions such as real estate purchases.
- Accessibility and security: Rate.Trading can be accessed through the Idram&IDBank app or the Rate.am website, while trading accounts are opened and serviced by IDBank.
IDBANK IS SUPERVISED BY THE CBA
