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Stanbic customers to benefit from direct Chinese Yuan settlement service
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Stanbic customers to benefit from direct Chinese Yuan settlement service
By Jibril Abdul Mumuni Accra, Aug. 14, GNA – Stanbic Bank Ghana has introduced direct access to China’s cross-border payment system to facilitate Yuan transactions between Ghanaian customers and Chinese counterparties. The service is expected to reduce payment delays and reliance on intermediary banks for eligible trade and other cross-border transactions denominated in Chinese Yuan (CNY). Mr Kwamina Asomaning, Chief Executive of Stanbic Bank Gh…
·Ghana
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