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Foreign Exchange Services Global Market Report 2025
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Global Foreign Exchange Services Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Foreign Exchange Services Global Market Report 2025

By Services (Currency Exchange, Remittance Services, Foreign Currency Accounts, Other Services), By Providers (Banks, Money Transfer Operators, Other Providers), By End-User (Individuals, Corporate Institutes, Government, Retailers, Other End Users) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Foreign Exchange Services Market Overview

• Foreign Exchange Services market size has reached to $8271.13 billion in 2024

• Expected to grow to $11386.08 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%

• Growth Driver: Global Surge In International Transactions Fuels Foreign Exchange Service Market Growth

• Market Trend: Technological Advancements Drive Transformation In The Foreign Exchange Service Market

• North America was the largest region in 2024.

What Is Covered Under Foreign Exchange Services Market?

Foreign exchange services refer to service of converting one currency into another at a specific foreign exchange rate. It facilitates worldwide commerce (across borders), which involves investments, trade of goods and services, and financial transactions. It also allows for currency conversion for international trade investments and settlements.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The main services of foreign exchange services are currency exchange, Remittance Services, foreign currency accounts, and others. Currency exchange is a business activity allowing customers to exchange one currency for another in terms of physical money (coins and paper bills), over the counter at a teller station found in various places such as airports, resorts and others. The various providers involved are banks, money transfer operators, and others that are used by individuals, corporate institutes, government, retailers and others.

Foreign Exchange Services Market 2025 - 2034

What Is The Foreign Exchange Services Market Size 2025 And Growth Rate?

The foreign exchange services market size has grown strongly in recent years. It will grow from $8271.13 billion in 2024 to $8812.63 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to economic conditions, political stability and risk, regulatory changes, interest rate differentials, market speculation.

What Is The Foreign Exchange Services Market Growth Forecast?

The foreign exchange services market size is expected to see strong growth in the next few years. It will grow to $11386.08 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to global economic outlook, trade policy changes, regulatory developments, global events and crises, central bank policies. Major trends in the forecast period include technology innovations, technological advances, digital transformation, cryptocurrency integration, algorithmic trading and AI.

The forecast of 6.6% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through increased transaction costs for businesses, as cross-border payment routing optimization tools and compliance screening systems, predominantly developed in Ireland and Luxembourg, face operational challenges due to tariff-related expenses. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Financial Services Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

How Is The Foreign Exchange Services Market Segmented?

1) By Services: Currency Exchange, Remittance Services, Foreign Currency Accounts, Other Services

2) By Providers: Banks, Money Transfer Operators, Other Providers

3) By End-User: Individuals, Corporate Institutes, Government, Retailers, Other End Users

Subsegments:

1) By Currency Exchange: Cash Exchange Services, Online Currency Exchange

2) By Remittance Services: Domestic Remittance, International Remittance

3) By Foreign Currency Accounts: Multi-Currency Accounts, Foreign Currency Time Deposits

4) By Other Services: Forex Trading Platforms, Risk Management Solutions, Currency Hedging Services

Foreign Exchange Services Market Driver: Global Surge In International Transactions Fuels Foreign Exchange Service Market Growth

The increasing international transactions are expected to propel the growth of the foreign exchange service market going forward. An international transaction is defined as a settlement in a foreign currency for a cross-border trade agreement or a credit operation. For any international transaction to be performed, IT requires the exchange of foreign currency. Hence, an increasing number of international transactions will drive the growth of the foreign exchange service market. For instance, in August 2024, according to Convera Corporation, a US-based Web services corporation, the wholesale cross-border payments market is projected to grow by 54%, from $146 trillion in 2023 to $225 trillion by 2030. In contrast, non-wholesale (retail) payment flows are expected to rise by 45%, reaching $65 trillion. Therefore, the increasing international transactions are driving the foreign exchange market.

Foreign Exchange Services Market Driver: The Tourism Revival Fuels Robust Growth In The Foreign Exchange Service Market.

The rise in tourism is expected to boost the growth of the foreign exchange service market going forward. Tourism entails individuals journeying to and residing in locations beyond their habitual surroundings, whether for recreational, business, or other reasons. The arrival of tourists in a country typically necessitates the conversion of their home currency to the local currency, prompting a surge in foreign exchange transactions at locations like airports, banks, and other currency exchange points. For instance, in May 2023, according to a report published by the United Nations World Tourism Organization, a Spain-based specialized agency, in the first quarter of 2023, international tourist arrivals rebounded, reaching 80% of pre-pandemic levels, with approximately 235 million travelers, marking more than a twofold increase compared to the same period in 2022. The tourism sector demonstrated remarkable resilience, as revised data for 2022 revealed that over 960 million international tourists ventured abroad last year. This achievement translates to a recovery of two-thirds (66%) of pre-pandemic levels, showcasing the industry's capacity to rebound and regain momentum. Therefore, the rise in tourism is driving the growth of the foreign exchange service market.

Global Foreign Exchange Services Market Major Players

Major companies operating in the foreign exchange services market include JPMorgan Chase & Co., Citibank N. A, Wells Fargo Bank Ltd., HSBC Holdings plc, BNP Paribas, Goldman Sachs Group Inc., UBS AG, Barclays plc, Deutsche Bank, The Royal Bank of Scotland plc, Standard Chartered PLC, State Street Corporation, Western Union Holdings Inc., XTX Markets Limited, Revolut, Wise, eToro, Gain Capital Group LLC, Rapyd, TransferMate, Capitolis Inc., Currensea, AZA Group, B Broker SRL, easyMarkets (CFD Trading), Ebury, EverEx, LMAX Exchange Group, Orfinex Technologies

Global Foreign Exchange Services Market Trend: Technological Advancements Drive Transformation In The Foreign Exchange Service Market

Technological advancements are a key trend gaining popularity in the foreign exchange service market. Major companies operating in the foreign exchange service market are adopting new technologies to sustain their position in the market. For instance, in July 2022, EbixCash Limited, an India-based technology-enabled provider of digital products and services, launched the Self Booking Corporate tool for foreign exchange. Self-Booking Corporate tool offers a spectrum of digital foreign exchange services to business and corporate travelers, and other corporates enabling increased efficiency. The tool will allow clients to avail of foreign exchange services digitally, through a hassle-free documentation process and provide corporate clients the ability to tailor the system to their corporate travel policies and generate customized reports.

Global Foreign Exchange Services Market Trend: Revolutionizing The Foreign Exchange Landscape With Innovative Technology

Major companies operating in the foreign exchange service market are developing advanced technologies, such as foreign exchange (FX) platforms, to meet larger customer bases, increase sales, and increase revenue. A foreign exchange (FX) platform, also known as a forex trading platform, is an online software interface provided by financial institutions and brokers that enables participants in the foreign exchange market to engage in currency trading. For instance, in October 2023, the Bank of New York Mellon Corporation (BNY Mellon), a US-based financial services company, launched the Universal FX. Universal FX stands out as a novel foreign exchange (FX) platform designed to fulfill clients' diverse needs in managing portfolio execution while providing unparalleled access to market-leading price transparency. Tailored to cater to BNY Mellon clients spanning various market segments, including investment managers, corporates, hedge funds, and wealth managers, Universal FX takes a lead role in guiding them through the industry-wide shift to T+1 settlement. This cutting-edge offering represents an expansion of BNY Mellon's OneFX suite, leveraging innovative solutions and banking capabilities for comprehensive coverage of FX trading, FX hedging, and cross-border payment activities. Notably, Universal FX seamlessly integrates into the entire FX spectrum, ensuring global clients can effortlessly access BNY Mellon's latest features and functionalities within the OneFX suite.

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Foreign Exchange Services Market Merger And Acquisition: OFX Group Limited Acquired Firma Foreign Exchange Corporation (Firma)

In May 2022, OFX Group Limited, an Australia-based online foreign exchange and payments company acquired Firma Foreign Exchange Corporation (Firma) for an amount of CAD90m ($66.0 Million). Through this acquisition, OFX will become a leading Corporate cross-border payments provider in Canada. Firma Foreign Exchange Corporation is a Canada-based foreign exchange service company that deals with the activities of foreign exchange and remitting or transmitting money.

Regional Outlook For The Global Foreign Exchange Services Market

North America was the largest region in the foreign exchange services market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Foreign Exchange Services Market?

The foreign exchange services market includes revenues earned by providing professionally managed accounts service and trading programs & advisory services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Foreign Exchange Services Industry?

The foreign exchange services market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the foreign exchange services industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Foreign Exchange Services Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $8812.63 billion
Revenue Forecast In 2034 $11386.08 billion
Growth Rate CAGR of 6.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Services: Currency Exchange, Remittance Services, Foreign Currency Accounts, Other Services
2) By Providers: Banks, Money Transfer Operators, Other Providers
3) By End-User: Individuals, Corporate Institutes, Government, Retailers, Other End Users Subsegments: 1) By Currency Exchange: Cash Exchange Services, Online Currency Exchange
2) By Remittance Services: Domestic Remittance, International Remittance
3) By Foreign Currency Accounts: Multi-Currency Accounts, Foreign Currency Time Deposits
4) By Other Services: Forex Trading Platforms, Risk Management Solutions, Currency Hedging Services
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled JPMorgan Chase & Co., Citibank N. A, Wells Fargo Bank Ltd., HSBC Holdings plc, BNP Paribas, Goldman Sachs Group Inc., UBS AG, Barclays plc, Deutsche Bank, The Royal Bank of Scotland plc, Standard Chartered PLC, State Street Corporation, Western Union Holdings Inc., XTX Markets Limited, Revolut, Wise, eToro, Gain Capital Group LLC, Rapyd, TransferMate, Capitolis Inc., Currensea, AZA Group, B Broker SRL, easyMarkets (CFD Trading), Ebury, EverEx, LMAX Exchange Group, Orfinex Technologies
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Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Foreign Exchange Services Market Characteristics

3. Foreign Exchange Services Market Trends And Strategies

4. Foreign Exchange Services Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Foreign Exchange Services Growth Analysis And Strategic Analysis Framework

5.1. Global Foreign Exchange Services PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Foreign Exchange Services Market Growth Rate Analysis

5.4. Global Foreign Exchange Services Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Foreign Exchange Services Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Foreign Exchange Services Total Addressable Market (TAM)

6. Foreign Exchange Services Market Segmentation

6.1. Global Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Currency Exchange

Remittance Services

Foreign Currency Accounts

Other Services

6.2. Global Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Banks

Money Transfer Operators

Other Providers

6.3. Global Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Individuals

Corporate Institutes

Government

Retailers

Other End Users

6.4. Global Foreign Exchange Services Market, Sub-Segmentation Of Currency Exchange, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Cash Exchange Services

Online Currency Exchange

6.5. Global Foreign Exchange Services Market, Sub-Segmentation Of Remittance Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Domestic Remittance

International Remittance

6.6. Global Foreign Exchange Services Market, Sub-Segmentation Of Foreign Currency Accounts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Multi-Currency Accounts

Foreign Currency Time Deposits

6.7. Global Foreign Exchange Services Market, Sub-Segmentation Of Other Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Forex Trading Platforms

Risk Management Solutions

Currency Hedging Services

7. Foreign Exchange Services Market Regional And Country Analysis

7.1. Global Foreign Exchange Services Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Foreign Exchange Services Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Foreign Exchange Services Market

8.1. Asia-Pacific Foreign Exchange Services Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Foreign Exchange Services Market

9.1. China Foreign Exchange Services Market Overview

9.2. China Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Foreign Exchange Services Market

10.1. India Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Foreign Exchange Services Market

11.1. Japan Foreign Exchange Services Market Overview

11.2. Japan Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Foreign Exchange Services Market

12.1. Australia Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Foreign Exchange Services Market

13.1. Indonesia Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Foreign Exchange Services Market

14.1. South Korea Foreign Exchange Services Market Overview

14.2. South Korea Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Foreign Exchange Services Market

15.1. Western Europe Foreign Exchange Services Market Overview

15.2. Western Europe Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Foreign Exchange Services Market

16.1. UK Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Foreign Exchange Services Market

17.1. Germany Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Foreign Exchange Services Market

18.1. France Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Foreign Exchange Services Market

19.1. Italy Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Foreign Exchange Services Market

20.1. Spain Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Foreign Exchange Services Market

21.1. Eastern Europe Foreign Exchange Services Market Overview

21.2. Eastern Europe Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Foreign Exchange Services Market

22.1. Russia Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Foreign Exchange Services Market

23.1. North America Foreign Exchange Services Market Overview

23.2. North America Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Foreign Exchange Services Market

24.1. USA Foreign Exchange Services Market Overview

24.2. USA Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Foreign Exchange Services Market

25.1. Canada Foreign Exchange Services Market Overview

25.2. Canada Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Foreign Exchange Services Market

26.1. South America Foreign Exchange Services Market Overview

26.2. South America Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Foreign Exchange Services Market

27.1. Brazil Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Foreign Exchange Services Market

28.1. Middle East Foreign Exchange Services Market Overview

28.2. Middle East Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Foreign Exchange Services Market

29.1. Africa Foreign Exchange Services Market Overview

29.2. Africa Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Foreign Exchange Services Market Competitive Landscape And Company Profiles

30.1. Foreign Exchange Services Market Competitive Landscape

30.2. Foreign Exchange Services Market Company Profiles

30.2.1. JPMorgan Chase & Co. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Citibank N. A Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Wells Fargo Bank Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. HSBC Holdings plc Overview, Products and Services, Strategy and Financial Analysis

30.2.5. BNP Paribas Overview, Products and Services, Strategy and Financial Analysis

31. Foreign Exchange Services Market Other Major And Innovative Companies

31.1. Goldman Sachs Group Inc.

31.2. UBS AG

31.3. Barclays plc

31.4. Deutsche Bank

31.5. The Royal Bank of Scotland plc

31.6. Standard Chartered PLC

31.7. State Street Corporation

31.8. Western Union Holdings Inc.

31.9. XTX Markets Limited

31.10. Revolut

31.11. Wise

31.12. eToro

31.13. Gain Capital Group LLC

31.14. Rapyd

31.15. TransferMate

32. Global Foreign Exchange Services Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Foreign Exchange Services Market

34. Recent Developments In The Foreign Exchange Services Market

35. Foreign Exchange Services Market High Potential Countries, Segments and Strategies

35.1 Foreign Exchange Services Market In 2029 - Countries Offering Most New Opportunities

35.2 Foreign Exchange Services Market In 2029 - Segments Offering Most New Opportunities

35.3 Foreign Exchange Services Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Foreign Exchange Services Market, Sub-Segmentation Of Currency Exchange, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Foreign Exchange Services Market, Sub-Segmentation Of Remittance Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Foreign Exchange Services Market, Sub-Segmentation Of Foreign Currency Accounts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Foreign Exchange Services Market, Sub-Segmentation Of Other Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Foreign Exchange Services Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Foreign Exchange Services Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: JPMorgan Chase & Co. Financial Performance
  • Table 79: Citibank N. A Financial Performance
  • Table 80: Wells Fargo Bank Ltd. Financial Performance
  • Table 81: HSBC Holdings plc Financial Performance
  • Table 82: BNP Paribas Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Foreign Exchange Services Market, Sub-Segmentation Of Currency Exchange, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Foreign Exchange Services Market, Sub-Segmentation Of Remittance Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Foreign Exchange Services Market, Sub-Segmentation Of Foreign Currency Accounts, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Foreign Exchange Services Market, Sub-Segmentation Of Other Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Foreign Exchange Services Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Foreign Exchange Services Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Foreign Exchange Services Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Foreign Exchange Services Market, Segmentation By Providers, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Foreign Exchange Services Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: JPMorgan Chase & Co. Financial Performance
  • Figure 79: Citibank N. A Financial Performance
  • Figure 80: Wells Fargo Bank Ltd. Financial Performance
  • Figure 81: HSBC Holdings plc Financial Performance
  • Figure 82: BNP Paribas Financial Performance

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Frequently Asked Questions

Foreign exchange services refer to service of converting one currency into another at a specific foreign exchange rate. It facilitates worldwide commerce (across borders), which involves investments, trade of goods and services, and financial transactions. It also allows for currency conversion for international trade investments and settlements. For further insights on this market, request a sample here

The market major growth driver - Global Surge In International Transactions Fuels Foreign Exchange Service Market Growth. For further insights on this market, request a sample here

The foreign exchange services market size has grown strongly in recent years. It will grow from $8271.13 billion in 2024 to $8812.63 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to economic conditions, political stability and risk, regulatory changes, interest rate differentials, market speculation. The foreign exchange services market size is expected to see strong growth in the next few years. It will grow to $11386.08 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to global economic outlook, trade policy changes, regulatory developments, global events and crises, central bank policies. Major trends in the forecast period include technology innovations, technological advances, digital transformation, cryptocurrency integration, algorithmic trading and AI. For further insights on this market, request a sample here

The foreign exchange servicesmarket covered in this report is segmented –
1) By Services: Currency Exchange, Remittance Services, Foreign Currency Accounts, Other Services
2) By Providers: Banks, Money Transfer Operators, Other Providers
3) By End-User: Individuals, Corporate Institutes, Government, Retailers, Other End Users Subsegments:
1) By Currency Exchange: Cash Exchange Services, Online Currency Exchange
2) By Remittance Services: Domestic Remittance, International Remittance
3) By Foreign Currency Accounts: Multi-Currency Accounts, Foreign Currency Time Deposits
4) By Other Services: Forex Trading Platforms, Risk Management Solutions, Currency Hedging Services For further insights on this market, request a sample here

North America was the largest region in the foreign exchange services market in 2024. The regions covered in the foreign exchange services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the foreign exchange services market include JPMorgan Chase & Co., Citibank N. A, Wells Fargo Bank Ltd., HSBC Holdings plc, BNP Paribas, Goldman Sachs Group Inc., UBS AG, Barclays plc, Deutsche Bank, The Royal Bank of Scotland plc, Standard Chartered PLC, State Street Corporation, Western Union Holdings Inc., XTX Markets Limited, Revolut, Wise, eToro, Gain Capital Group LLC, Rapyd, TransferMate, Capitolis Inc., Currensea, AZA Group, B Broker SRL, easyMarkets (CFD Trading), Ebury, EverEx, LMAX Exchange Group, Orfinex Technologies . For further insights on this market, request a sample here.

Major trends in this market include Technological Advancements Drive Transformation In The Foreign Exchange Service Market. For further insights on this market, request a sample here.

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Global Foreign Exchange Services Market Report 2025

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