Ripple partners with National Commercial Bank

RippleNet live over 40 countries across six continents

Ripple partners with National Commercial Bank (NCB) there by opening up remittance payment corridors between the Saudi Arabia,US and Asian markets

  • Ripple is an American technology company which develops the Ripple payment protocol and exchange network
  • NCB Saudi Arabia is one of the largest financial institutions in the Middle East with more than 5.4 million customers worldwide
  • NCB will connect to other financial institutions around the world using Ripple’s blockchain technology provides customers with faster international payment services
  • The cryptocurrency exchange also revealed that NCB will first connect to financial institutions in North America and Asia, starting in Singapore
  • Ripple partners with SBI Remit,Siam Commercial Bank (SCB) to power real-time remittance payments for those Thai workers living in Japan
  • Thai workers can open an SBI Remit account online and then link it to a home account at SCB and once they receive an SBI card, they can visit an ATM to make a deposit that is sync to their Thai bank account in real time