The world's No.2 economy has faced pressure this year due to U.S. President Donald Trump's imposition of tariffs on Chinese ...

Supported services include instant remittance services, amongst others. The central banks of Hong Kong and China have pushed ...

SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank ...

Republicans in Congress want to add a tax to migrant remittance payments under the 'Big Beautiful Bill'. Critics say that could lead to more illegal immigration.

New service operates smoothly as thousands take advantage of link between Hong Kong’s FPS and the mainland’s IBPS.

The People's Bank of China and the HKMA launched the Payment Connect yesterday, according to the HKMA's recent press release.

SINGAPORE: The Monetary Authority of Singapore (MAS) has instructed remittance companies to suspend money transfers through non-bank and non-card channels for three months, following reports of ...

Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign ...

A 10-15% drop in remittances could cost India $12-18bn a year, tightening dollar supply and putting pressure on the rupee, according to Ajay Srivastava of Delhi-based think tank Global Trade Research ...

UOB will provide one-stop cross border RMB clearing, settlement, and payments. UOB and its subsidiary UOB China have signed ...