Source: Hong Kong Government special administrative region
Hong Kong Monetary Authority and Bank Indonesia strengthen co-operation in cross-border payments
The HKMA and BI seek to strengthen bilateral ties and establish effective co-operation mechanism to promote faster, more affordable, transparent, and inclusive cross-border payments between Hong Kong and Indonesia. Under the MOU, the two parties will hold dialogues on relevant technical, operational and regulatory matters, and explore arrangements to facilitate the interoperability of QR code-based cross-border payments between the two places.
Issued at HKT 11:00
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