06-08-2023, 11:41 AM
For instance, Malaysian tourists in Singapore can make a payment with Malaysian ringgit funds in their Malaysian digital wallet when making a transaction. Or, a Malaysian worker in Singapore can send Singapore dollar funds in a Singaporean digital wallet to a recipient’s wallet in Malaysia.
Fees and exchange rates will be determined by mutual agreement between the central banks themselves.
https://www.cnbc.com/2023/07/30/asean-mo...ystem.html
Fees and exchange rates will be determined by mutual agreement between the central banks themselves.
https://www.cnbc.com/2023/07/30/asean-mo...ystem.html