With the MPI license, XTransfer can provide services including account opening, local remittances, crossborder remittances, and electronic money issuance to meet the region's growing demand for secure and convenient crossborder payment solutions. The comprehensive payment solution is expected to be launched in Singapore soon, with services including ultrafast account opening, convenient topup, flexible currency exchange, and simplified crossborder collection and payment solutions tailored for Singapore's foreign trade SMEs.
XTransfer was founded in . Over the years, it has been committed to using usa phone number list technology as a bridge to connect large global financial institutions and small and mediumsized enterprises, providing them with safe, compliant, fast, convenient and lowcost crossborder trade payment solutions. It currently has more than , corporate customers and has become the number one platform in the industry in China.
Transfer is expanding its business globally. Our onestop multicurrency account covers more than countries and regions and more than currencies. Currently, trading companies around the world are beginning to use the company's services. When both the buyer and the seller use XTransfer accounts, payment can be received in seconds in a safe and compliant manner, saving an estimated % of remittance fees and % of currency exchange costs, enabling unimpeded flow of trade funds throughout the entire process.