Tag: payment tool

  • MAS and BNM launch cross-border real-time payment tool

    MAS and BNM launch cross-border real-time payment tool

    ‍ The Monetary Authority of Singapore (MAS) and the Central Bank of Malaysia⁤ (BNM) have officially launched‍ a ground-breaking cross-border real-time payment tool that aims to enhance financial connectivity between the two neighboring countries. This innovative payment​ system will enable customers from Singapore and Malaysia to transfer funds seamlessly and instantly, marking a significant milestone…