{"id":24254,"date":"2019-10-30T09:15:24","date_gmt":"2019-10-30T05:15:24","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=24254"},"modified":"2019-10-30T09:15:24","modified_gmt":"2019-10-30T05:15:24","slug":"xpress-money-expands-operations-in-china-with-geoswift","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/xpress-money-expands-operations-in-china-with-geoswift\/","title":{"rendered":"Xpress Money Expands Operations In China With Geoswift"},"content":{"rendered":"<p><a href=\"https:\/\/www.xpressmoney.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Xpress Money<\/a>, a Finablr company and one of the most dependable money transfer brands in the world, has partnered with Geoswift, an innovative payment technology company connecting\u00a0China\u00a0and the rest of the world. This collaboration will enable customers across the globe to send money to 14 banks in\u00a0China\u00a0directly to a receiver&#8217;s UnionPay card account. Recipients will enjoy real-time cross-border bank transfers sent by their loved ones.<\/p>\n<p><b><u>Real\u2013time money transfers to UnionPay card account holders of these 14 banks<\/u><\/b><br \/>\n1. ICBC<br \/>\n2. Bank of\u00a0China<br \/>\n3. Bank of Communications<br \/>\n4. Bank of\u00a0Shanghai<br \/>\n5. China Construction Bank<br \/>\n6. China Everbright Bank<br \/>\n7.\u00a0Harbin Bank<br \/>\n8. Linshang Bank<br \/>\n9. Hunan Rural Bank<br \/>\n10. Qinghai Rural Bank<br \/>\n11. Guangdong Rural Bank<br \/>\n12. Henan Rural Bank<br \/>\n13. Huxia Bank<br \/>\n14. Fujian Rural Credit Cooperative<\/p>\n<p>This partnership is aligned to\u00a0Xpress Money&#8217;s\u00a0business expansion plan in key remittance-receiving geographies, namely\u00a0Asia,\u00a0Africa\u00a0and LATAM. As\u00a0Asia\u00a0is home to the top 2 receivers of inward remittances in 2018 \u2013\u00a0India\u00a0(US$79billion) &amp;\u00a0China\u00a0(US$67billion)<sup>1<\/sup>, it is imperative to drive growth through such strategic business partnerships.<\/p>\n<p>Speaking about this latest partnership, Xpress Money CEO, Sudhesh Giriyan said, &#8220;It is the expertise, our robust network, world-class technology and compliance systems, and ability to process secure cross-border money transfers that make us a partner of choice for companies across different geographies. The knowhow and commitment that Geoswift brings to the fore is a testimony to their growth in the payments technology space. I am confident about the success of this partnership by virtue of the combined proficiency that both the organisations have to offer.&#8221;<\/p>\n<p>&#8220;The payments ecosystem is always ever-changing, in particular for cross-border money transfers in and out of\u00a0China. It can somehow be challenging due to complex regulatory requirements and differences in global and local compliance standards. With our strategic partnership with\u00a0Xpress Money, we are confident that both our combined capabilities will enhance the cross-border money transfer experience for our end-users,&#8221; said\u00a0Raymond Qu, CEO and founder of Geoswift.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Xpress Money, a Finablr company and one of the most dependable money transfer brands in the world, has partnered with Geoswift, an innovative payment technology company connecting\u00a0China\u00a0and the rest of the world. This collaboration will enable customers across the globe to send money to 14 banks in\u00a0China\u00a0directly to a receiver&#8217;s UnionPay card account. Recipients will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/24254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=24254"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/24254\/revisions"}],"predecessor-version":[{"id":24256,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/24254\/revisions\/24256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/24255"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=24254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=24254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=24254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}