Photo by Andrea Piacquadio on Pexels

iFAST Global Bank unveils cross-currency transfer service

This allow money transfers to over 50 countries in more than 25 currencies.  

iFAST Global Bank (iGB) has launched EzRemit, a cross-currency service transfer for its digital personal banking customers, allowing money transfer to over 50 countries in more than 25 currencies. 

EzRemit can facilitate transfers to international banks and over 50 e-wallets, including Malaysia’s TNG, the Philippines’ GCash and Pakistan’s Easypaisa. 

Near-instant transfers can now be “completed within minutes and most within 48 hours,” depending on the receiver’s bank and country they are in, said Simon Lee, general manager of DPB division, n

Eligible deposits of customers’ cross-currency transfer are protected up to £85,000 ($145,650) per person under UK’s Financial Services Compensation Scheme (FSCS).
(£1 = SG$1.71)

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

SMBC, Fujitsu Limited to create data analytics business
Japanese companies reportedly want data-driven operations to improve efficiency.
Retail Banking
India’s credit card spend slumps 9% MoM to 7-month low
Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.
CommBank establishes tech hub in Seattle
The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.

Exclusives

Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
BCA superapp drives digital transaction growth
Inter-account transfers were the most widely used service, followed by virtual payments.