Bank Negara Malaysia Gives XTransfer Conditional Approval For Key Payment Licenses

XTransfer, the Hong Kong-based trade payment platform, recently received conditional approval from Bank Negara Malaysia (BNM) for key payment licenses. This includes licenses for issuing electronic money, plus a Class A Money Services Business License, covering remittance and currency exchange. “Receiving conditional approval from Bank Negara Malaysia is an important milestone for XTransfer in the […] The post Bank Negara Malaysia Gives XTransfer Conditional Approval For Key Payment Licenses appeared first on Lowyat.NET .