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Date: 13/03/2019 - 13/03/2019
Location: Kuala Lumpur, Malaysia
 

​​WSBI Remittances Working Meeting​


Hosted by Bank Simpanan Nasional Malaysia​


Venue: Impaina KLCC Hotel​, 13, Jalan Pinang, 50450 Kuala Lumpur, Malaysia​


WSBI will organize the First Remittances Working Meeting Kuala Lumpur on 13 March 2019, hosted by The Bank Simpanan Nasional Malaysia (BSN). The Working Meeting follows the earlier discussions that WSBI had in 2017 and early 2018 on setting up an extensive end-to-end Remittance platform to enable cross border remittances services among banks in various countries. The competetive advantage of the remittances project is that participating banks can leverage the extensive network of WSBI member banks and more than 10,000 outlets that the remittances processor has developed so far. It is the platform of non-exclusivity, fair pricing structure and white label. ​

 
The first Working Meeting aims to present the remittance framework and its technical details, to provide an occasion for partner banks to discuss business conditions and to deliberate on its implementation plan.

 

 

 

PROGRAMME


 
​​09.00-09.15
​​Welcome remark
​09.15-10.00
Presentation of participants, participatin​g banks’ payment capacity and cross-border remittances outreach
​10.00-11.00 
​Overview of WSBI Remittances Framework: objective, mechanism and progress ​
Discussion on WSBI Master Agreement, branding and use of WSBI logo
​11.00-11.30
​Coffee break
​11.30-12.30
​Remittance Processer: introduction, technical specification and case studies
​12.30-14.00
​Lunch break
​14.00-16.00​​
​Bilateral discussions between banks and remittances processor
​16.00-17.00
​Outcome of bilateral discussions and implementation work proposal 
​17.00-17.30
​Cooperatio​n in remittance distribution, e.g. E-Wallet
​​17.30-17.45
​Closing



 

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