JAKARTA: Maybank Indonesia is considering the Malaysian ringgit for the next phase of its newly launched Fast Remittance service, with the country already on its list of potential destinations as the bank expands its international money transfer capabilities.
Maybank Indonesia’s digital banking head Charles Budiman said the Fast Remittance service was being introduced in phases, with the initial selection of supported currencies based on existing customer demand.
“They are on our list, especially since we are also a Malaysian company,” he told Bernama when asked whether Malaysia could be among the next countries added to the service.
Budiman was met at the launching ceremony of the service introduced through its M2U ID App in collaboration with global payments infrastructure provider Nium, which offered fast remittance using five currencies, namely, the Singapore dollar, Australian dollar, the British pound, the euro and Hong Kong dollar.
Meanwhile, Maybank Indonesia IT and digital director Bambang Irawan said the Fast Remittance feature was introduced as part of the bank’s efforts to strengthen the foundation of global financial connectivity.
