Finance
StanChart Partners with Wise for Faster FX in Asia and Middle East
- Customers will be able to send money in 21 currencies
- Wise expanding globally and moved £35.2 billion last quarter
StanChart already has a relationship with Wise through its Hong Kong-based digital bank Mox, which was agreed earlier this year.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Standard Chartered Plc is going to use Wise Plc’s payments platform to offer multi-currency money transfers in Asia and the Middle East.
The lender will integrate Wise’s foreign exchange infrastructure to allow money movements in 21 currencies over the coming months, Steve Naudé, managing director of Wise Platform, said in an interview with Bloomberg.