Ripple Advances in Japan & Saudi Arabia, Middle East a Home of Remittances


Saudi Arabia’s National Commercial Bank has agreed and signed up officially with RippleNet, starting up remittance payment corridors between the KSA and United States, and other potential Asian markets.

Ripple in the beginning of February 2018 agreement with the Saudi Arabian Monetary Authority to develop an efficient pilot programme and sandbox for the Kingdom of Saudi Arabia (KSA) banks to effectively test out connections with Ripple for immediate settlement of all cross‐border transfers. 

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