Cross-border Remittance Services
HSBC Singapore offers zero-fee international transfers to over 60 currencies
HSBC Singapore offers zero-fee international transfers to over 60 currencies
Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.
OCBC launches near-instant P2P transfers to WeChat Pay and Alipay
It also aims to expand the service in Indonesia and the Philippines by 2026.
APAC emerging markets buck global remittance decline
China, India, and the Philippines remain “bright spots” for remittance activity, says Visa.
Philippine remittances up 2.9% to $3b in November: central bank
Cumulative personal remittances grew to $33.6b in the first 11 months of 2023.
Bank SinoPac clinches Taiwan Domestic Remittance Initiative of the Year at ABF Awards
It offered 110,000 migrant workers a safe and affordable platform to send their hard-earned money home.
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. Airwallex gains capital markets services license in Singapore 4. HSBC Singapore unveils health and wellness centre at The Star Vista 5. NAB invests $55m to upgrade over 100 branches across AustraliaResource Center
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The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
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