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MUFG Bank, Banco Bradesco Sign Memorandum of Understanding To Develop A New Cross-Border Payment Service


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In 2016, Japan and Brazil exchanged the equivalent of USD756,000,000 in remittances.. (USD571,000,000 sent to Brazil and USD185,000,000 received from).

Compare that with US <-> Phillippines @ USD10,000,000,000 and it doesn't look like much, but the continued progress is great!

http://www.pewglobal.org/interactives/remittance-map/

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6 minutes ago, Let_her_Ripple said:

In 2016, Japan and Brazil exchanged the equivalent of USD756,000,000 in remittances.. (USD571,000,000 sent to Brazil and USD185,000,000 received from).

Compare that with US <-> Phillippines @ USD10,000,000,000 and it doesn't look like much, but the continued progress is great!

http://www.pewglobal.org/interactives/remittance-map/

It all adds up for liquidity purposes! :dance4:

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  • Pablo changed the title to MUFG Bank, Banco Bradesco Sign Memorandum of Understanding To Develop A New Cross-Border Payment Service

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