Cheaper cross-border money transfers


Yap: Over the past few months, the Transfer portal has been open to select users who have conducted transactions worth a few million ringgit to over a dozen countries .

PETALING JAYA: MoneyMatch Sdn Bhd, a homegrown company approved by Bank Negara, has launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks.

The Transfer portal allows users to conduct their entire transactions online via the MoneyMatch mobile app and the web platform.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , fintech , moneymatch , exchange , forex , banking ,

   

Next In Business News

High expectations
The global port race: Will Malaysia keep up?
Divergent views on economic prospects
Uplifting local agriculture
Addressing the ripple effect of higher wages
Identifying opportunities for 2024
India economy to exceed growth estimates
OCBC sues money laundering suspect for US$15mil
Asia factory activity weakens, uncertainty on China clouds outlook
Results on track

Others Also Read