💱 National Bank of Kuwait taps Ripple for new remittance service

The National Bank of Kuwait is partnering with Ripple ($XRP) for new remittance service NBK Direct Remit. Fees begin at one Kuwaiti dinars, but are are only available between Jordan and Kuwait at this time. As of 2017, $53 billion of remittance were sent in the Middle East and North African markets.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.