Wise, a global tech leader in cross-border money transfers, has announced a strategic partnership with Standard Chartered to elevate international payment services. Through this partnership, Standard Chartered customers across Asia and the Middle East can now make fast and efficient transfers in 21 currencies, including USD, CAD, EUR, GBP, SGD, HKD, and JPY.
Expanding Cross-Border Payment Options with Wise
Thanks to the Wise Platform, Standard Chartered’s customers benefit from transparent pricing, with mid-market rates and no hidden markups. This partnership follows Wise’s recent integration with the Philippines’ InstaPay real-time payment system. This addition has strengthened Wise’s global reach in cross-border services, benefiting millions of customers.
Standard Chartered integrates Wise’s infrastructure through the Wise Platform API, bringing enhanced service to SC Remit customers. This move, planned for gradual rollout, will include expansion in both currency options and geographic reach. Standard Chartered’s commitment aligns with customer needs for fast, affordable, and smooth payments across borders.
Wise Platform: Simplifying Transactions
Standard Chartered joins a growing list of banks partnering with Wise Platform for optimized cross-border transactions. This partnership enhances customer experience and builds loyalty. Standard Chartered officials highlighted the importance of ongoing improvements to their banking services, emphasizing Wise Platform’s extensive currency options and cross-border expertise.
The collaboration expands Wise’s support for financial institutions focused on seamless international payments. Both companies share a goal of providing efficient, regulatory-compliant services that fulfill customers’ needs. Together, they aim to make cross-border payments accessible and effortless.
