Singapore's Gulf Bank taps BNY's 24/7 dollar ledger transfers for client payments
- —SGB integrated BNY's 24/7 dollar ledger transfer service
- —Eligible dollar payments can settle on weekends and holidays
- —Transfers run between BNY accounts or linked correspondent banks
- —Fees, limits and client terms were not disclosed
Why it matters: Round-the-clock dollar settlement reduces reliance on traditional banking windows and speeds up cross-border payments.
Source: TokenPost
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