Tag: FX payments

FX payments

Santander Launches Blockchain FX Payment Service

Banco Santander has announced the launch of a new international payments service using blockchain-based technology.
The service is available to retail customers in Spain, UK, Brazil and Poland, and will be rolled out across more countries in the coming months, the bank says.
The new service, known as ‘Santander One Pay FX’, makes it possible for customers to complete international transfers on the same day in many cases or by the next day. The service also shows them the exact amount that will be received in the destination currency before they make the transfer.

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