Monday 03 October 2022 - 3:43:37 pm
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2022 Oct 03 Mon, 03:03:00 pm

RAKBANK joins cross-border payments platform Buna

RAS AL KHAIMAH, 3rd October, 2022 (WAM) -- RAKBANK announced that it has joined the Arab Monetary Fund (AMF)’s Buna payment platform today. In line with the Bank’s digital transformation strategy, this partnership aims to provide customers with an enhanced payment service platform for sending and receiving cross-border, multicurrency payments safely and securely.Buna enables commercial banks, central banks, and other financial institutions, in the Arab region and beyond to send and receive payments in Arab currencies as well as key international currencies. It offers real-time...