DBS and Banque Saudi Fransi unite to streamline Asia–Gulf trade payments
DBS and Banque Saudi Fransi announce partnership to improve trade payment efficiency across Asia–Gulf routes.
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2 days agoDBS and Banque Saudi Fransi unite to streamline Asia–Gulf trade payments
Singapore’s DBS Bank and Saudi Arabia’s Banque Saudi Fransi have partnered to enhance trade finance and cross-border payments between Asia and the Gulf. The collaboration aims to modernize settlement flows, accelerate remittances, and expand currency-clearing access across key corridors. Announced during the Sibos conference in Frankfurt, the move leverages DBS’s GlobeSend infrastructure for real-time settlements. The alliance reinforces deepening economic ties between Southeast Asia and the GCC amid digital banking expansion.
positive
2 days agoDBS and Banque Saudi Fransi unite to streamline Asia–Gulf trade payments
Singapore’s DBS Bank and Saudi Arabia’s Banque Saudi Fransi have partnered to enhance trade finance and cross-border payments between Asia and the Gulf. The collaboration aims to modernize settlement flows, accelerate remittances, and expand currency-clearing access across key corridors. Announced during the Sibos conference in Frankfurt, the move leverages DBS’s GlobeSend infrastructure for real-time settlements. The alliance reinforces deepening economic ties between Southeast Asia and the GCC amid digital banking expansion.
positive
DBS and Banque Saudi Fransi unite to streamline Asia–Gulf trade payments
3 days ago
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DBS and Banque Saudi Fransi announce partnership to improve trade payment efficiency across Asia–Gulf routes.
Singapore’s DBS Bank and Saudi Arabia’s Banque Saudi Fransi have partnered to enhance trade finance and cross-border payments between Asia and the Gulf. The collaboration aims to modernize settlement flows, accelerate remittances, and expand currency-clearing access across key corridors. Announced during the Sibos conference in Frankfurt, the move leverages DBS’s GlobeSend infrastructure for real-time settlements. The alliance reinforces deepening economic ties between Southeast Asia and the GCC amid digital banking expansion.
Singapore’s DBS Bank and Saudi Arabia’s Banque Saudi Fransi have partnered to enhance trade finance and cross-border payments between Asia and the Gulf. The collaboration aims to modernize settlement flows, accelerate remittances, and expand currency-clearing access across key corridors. Announced during the Sibos conference in Frankfurt, the move leverages DBS’s GlobeSend infrastructure for real-time settlements. The alliance reinforces deepening economic ties between Southeast Asia and the GCC amid digital banking expansion.
Companies:
DBS
Banque Saudi Fransi
Tags:
banking
asia
banking
asia
gulf
trade
fintech
Source:
Oct 16, 2025 • 21:37 IST