KUALA LUMPUR: Bank Negara Malaysia, Bank Indonesia (BI) and the Bank of Thailand (BOT) have appointed additional qualified commercial banks as Appointed Cross-Currency Dealers (ACCDs) under the Local Currency Transaction Framework (LCTF).
In a statement, Bank Negara said these banks will facilitate cross-border trade and investment settlements in local currencies between the respective countries.
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Bank Negara
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BI
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BOT
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ACCDs
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LCTF
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cross-border trade
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local currency
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Malaysia
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Indonesia
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Thailand
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