SE Asian central banks ink payment deal

By Eireene Jairee Gomez

Nov 15, 2022 12:26 am

FIVE Southeast Asian central banks have agreed to strengthen payment connectivity cooperation in bid to improve cross-border transactions.

A memorandum of understanding (MoU) was signed on Monday by the Bangko Sentral ng Pilipinas (BSP), Bank Indonesia (BI), Bank Negara Malaysia (BNM), the Monetary Authority of Singapore (MAS) and Bank of Thailand (BOT) at the sidelines of this week's G20 Leaders' Summit in Bali, Indonesia.

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