BNM works with Asean to realise cross-border payments by 2025
MALAYSIA and four other Asean countries will participate in the next phase of multilateral cross-border payment connectivity known as Project Nexus, Bank Negara Malaysia said.
In the central bank’s Annual Report 2022 released today, it said it aims to translate the current Nexus solution into an operationally and commercially viable model by 2025. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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