BRAC Bank and JP Morgan Payments have launched Wire 365, a solution that enables near real-time cross-border settlement all year round irrespective of holidays, said a press release.
Financial institutions can make time-sensitive cross-border and high-priority payments on weekends and holidays through Wire 365.
Selim RF Hussain, managing director and chief executive officer聽 of BRAC Bank, said, 鈥榃e are thrilled to leverage JP Morgan鈥檚 advanced digital platform - Wire 365 - to process time-sensitive cross border and high priority payments on weekends and holidays.鈥�
Christine Tan, sales head 鈥� APAC of JP Morgan Payments, said, 鈥楾o stay competitive, businesses need to ensure smooth cash flow and faster settlements. Wire 365 is our solution to support this need.鈥�
