CONNECT WITH US
Fintech

Fintech

MBSB Bank, Wise Enable RM150,000 Daily Transfers in 20 Currencies

Fintech News Malaysia logo

Published on

Add as a preferred source on Google
MBSB Bank, Wise Enable RM150,000 Daily Transfers in 20 Currencies

MBSB Bank is expanding its Wise-powered overseas transfer service with a RM150,000 daily limit and support for 20 currencies.

The Global Easy Transfer (GET) service, developed with Wise Platform, is available through the bank’s M Journey app.

It supports currencies including the US dollar, British pound, euro and UAE dirham.

Customers can send money overseas, track transfers in real time and view exchange rates through the app.

MBSB Bank reported that 90 percent of transfers made through GET since its launch have been completed within one minute.

“Today’s customers increasingly want greater visibility and control over their transactions, without compromising speed, security, and cost transparency.

GET was designed to meet their needs in mind to make international transfers more convenient and accessible through a trusted banking platform.”

“International payments should be as fast, simple and transparent as domestic ones, and our partnership with MBSB Bank shows what’s possible when global payments technology meets trusted local banking.

With GET now available in 20 currencies, we’re excited to build on this momentum and make international payments easier for even more people and businesses.”

Existing MBSB Bank customers can access GET through the M Journey app, while new customers must first open an account with the bank.

Featured image: Edited by Fintech News Malaysia, based on image by Magnific



Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.