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UAE bank to use RippleNet to enhance remittance footprint throughout the Philippines

UAE bank to use RippleNet to enhance remittance footprint throughout the Philippines – AMBCrypto

RAKBANK, a retail and business bank in the UAE, has partnered with BDO Unibank, a full-service universal bank in the Philippines, with a plan to enhance its current remittance footprint in the Philippines, according to a report. RAKBANK had previously joined RippleNet to power instant cross-border payments to India ‘s Axis Bank beneficiaries, way back in 2017.




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