Saudi-Singapore alliance promises instant payments and same-day settlements

DBS Bank and Banque Saudi Fransi have signed an MOU to streamline trade finance and enable same-day cross-border payments between Asia and the GCC. This partnership, utilizing DBS's GlobeSend platform, aims to make international payments, remittances, and trade settlements faster and cheaper for businesses and individuals across both regions.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/Q0j8Jk4

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