RAKBANK RippleNet partnership is paying dividends as the UAE-based bank is expanding its footprint in the region. RAKBANK has joined hands with BDO Unibank of the Philippine to power remittance transactions. It is pertinent to note here that the Philippine receive considerable remittances from Gulf nations as a large migrant population works in the UAE. Previously in 2017, RAKBANK RippleNet partnership worked together to provide remittance solutions to India. The instantaneous cross-border payments were made in collaboration with the Axis Bank based in India. The latest endeavor with BDO Unibank will help migrants to transfer money to their families using
