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13/03/2019 - 13/03/2019
Kuala Lumpur, Malaysia
WSBI Remittances Working Meeting
Hosted by Bank Simpanan Nasional Malaysia
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.
ion of participants, participating banks’ payment capacity and cross-border remittances outreach
Overview of WSBI Remittances Framework: objective, mechanism and progress
Discussion on WSBI Master Agreement, branding and use of WSBI logo
Remittance Processer: introduction, technical specification and case studies
Bilateral discussions between banks and remittances processor
Outcome of bilateral discussions and implementation work proposal
Cooperation in remittance distribution, e.g. E-Wallet