{"id":22435,"date":"2026-02-26T11:20:00","date_gmt":"2026-02-26T04:20:00","guid":{"rendered":"https:\/\/champameuanglao.com\/xtransfer-receives-malaysia-central-banks-conditional-approval-for-key-payment-licences\/"},"modified":"2026-02-26T11:20:00","modified_gmt":"2026-02-26T04:20:00","slug":"xtransfer-receives-malaysia-central-banks-conditional-approval-for-key-payment-licences","status":"publish","type":"post","link":"https:\/\/champameuanglao.com\/la\/xtransfer-receives-malaysia-central-banks-conditional-approval-for-key-payment-licences\/","title":{"rendered":"XTransfer Receives Malaysia Central Bank\u2019s Conditional Approval for Key Payment Licences"},"content":{"rendered":"
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Plans Regional Operational Hub and Supports Local SME Trade Settlements<\/i><\/h4>\n<\/p>\n

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire<\/a> – 26 February 2026 \u2013 XTransfer<\/b>, the World’s Leading B2B Cross-Border Trade Payment Platform<\/b>, is pleased to announce that it has received conditional approval from Bank Negara Malaysia<\/b> (BNM)<\/b> for key payment licences, including issuing electronic money<\/b>, as well as a Money Services Business Licence (Class A)<\/b> covering remittance and currency exchange. <\/p>\n

\"XTransfer
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XTransfer receives Malaysia Central Bank\u2019s conditional approval for key payment licences.<\/i> <\/div>\n<\/figcaption><\/figure>\n

Upon completing the pre-issuance conditions and being permitted to launch, XTransfer<\/b> plans to introduce digital payment services in Malaysia designed to support businesses, particularly small and medium-sized enterprises (SMEs) engaged in international trade. These services are intended to include streamlined onboarding, convenient funding options, efficient foreign exchange, and secure remittance and settlement experiences, with a focus on compliance, security, and operational reliability, helping Malaysian SMEs reduce friction in legitimate trade as they scale into regional and emerging-market corridors. <\/p>\n

“Receiving conditional approval from Bank Negara Malaysia is an important milestone for XTransfer in the ASEAN region,” said Bill Deng, Founder and CEO of XTransfer<\/b>. “We appreciate BNM’s guidance and oversight. We look forward to bringing Malaysian businesses compliant and efficient payment solutions that help trade move faster and more predictably, especially as intra-Asia and broader South\u2013South trade routes continue to expand. <\/p>\n

Malaysia is also central to XTransfer’s regional strategy<\/b>, with a plan to establish Malaysia as its regional operational hub<\/b>, serving as a strategic control centre within Southeast Asia, coordinating compliance, risk management, customer support, and global operations to ensure alignment with both local and Group-wide standards. “Malaysia gives us the talent, governance environment, and regional proximity to scaleacross the region,” Bill added. <\/b> <\/p>\n

Founded in 2017, XTransfer is dedicated to using technology to bridge large financial institutions and SMEs worldwide, providing secure, compliant, fast, convenient and low-cost cross-border trade payment and fund collection solutions. With more than 800,000 enterprise clients, XTransfer has become a global industry leader and continues to expand internationally to support trading companies worldwide.
Hashtag: #XTransfer #PaymentLicense #Malaysia #BankNegaraMalaysia #Crossborder #SMEs<\/p>\n

https:\/\/www.xtransfer.com<\/a>
https:\/\/www.linkedin.com\/company\/xtransfer.cn<\/a>
https:\/\/x.com\/xtransferglobal<\/a>
https:\/\/www.facebook.com\/XTransferGlobal\/<\/a>
https:\/\/www.instagram.com\/xtransfer.global<\/a><\/p>\n

The issuer is solely responsible for the content of this announcement.<\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Plans Regional Operational Hub and Supports Local SME Trade Settlements KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 February 2026 \u2013 XTransfer, the World’s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has received conditional approval from Bank Negara Malaysia (BNM) for key payment licences, including issuing electronic money, as […]<\/p>\n","protected":false},"author":1,"featured_media":22436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[852],"tags":[],"class_list":["post-22435","post","type-post","status-publish","format-standard","has-post-thumbnail","category-media-outreach"],"_links":{"self":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts\/22435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/comments?post=22435"}],"version-history":[{"count":0,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts\/22435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/media\/22436"}],"wp:attachment":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/media?parent=22435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/categories?post=22435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/tags?post=22435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}