XTransfer and Societe Generale Announce Cross-Border Payment Partnership
The pact aims to build more digital and scalable payment solutions for traders worldwide as supply chains diversify, XTransfer said.
- On Thursday, June 4, 2026, XTransfer and Societe Generale signed a Memorandum of Understanding at Money20 in Amsterdam to enhance cross-border payment infrastructure and develop integrated financial solutions.
- Global trade relies on secure, digital payments, yet businesses often face persistent frictions including limited transparency over fees, lengthy settlement times, and complex compliance requirements across jurisdictions.
- XTransfer Founder and Chief Executive Officer Bill Deng said the partnership combines Societe Generale's transaction banking capabilities with XTransfer's platform and global SME network to deliver scalable solutions.
- The cooperation includes "Pay to China" services with USD and CNY settlement options in Hong Kong SAR and Mainland China, strengthening trade flow connectivity between Asia and Europe.
- Andreea Parneci, Deputy Head of Global Transaction and Payment Services at Societe Generale, said "Seamless and transparent cross-border payments are now a baseline expectation for internationally active clients." The collaboration aims to enhance international payment efficiency and reliability.
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Cambridge Times
XTransfer and Societe Generale Partner To Streamline Cross-Border Payments for Global Trade Transactions
AMSTERDAM, June 04, 2026 (GLOBE NEWSWIRE) -- XTransfer, the world’s leading B2B cross-border trade payment platform, and Societe Generale, a leading European bank in transaction banking, announced having signed a Memorandum of Understanding (MOU) during Money20/20 Europe 2026 in Amsterdam,…
XTransfer and BBVA sign MoU to advance cross-border payments in Latin America and Europe
AMSTERDAM, NETHERLANDS - Media OutReach Newswire - 3 June 2026 - XTransfer, the world's leading B2B cross-border trade payment platform, and BBVA, a global financial group, have signed a Memorandum of Understanding (MOU) during Money20/20 Europe 2026 in Amsterdam to deepen cross-border payment infrastructure across Latin America and Europe. The MOU was signed by Bill Deng, Founder and CEO of XTransfer, and Ksenia Nekrasova, Global Sector Co-Head…
Fintech Hong Kong
Fintech Schweiz Digital Finance News - FintechNewsCHXTransfer and BBVA Partner on Cross-Border Payments in Latin America and Europe
XTransfer has signed a MoU with global financial group BBVA to deepen cross-border payment infrastructure across Latin America and Europe. The agreement, announced during the Money20/20 Europe 2026 event in Amsterdam, focuses on delivering integrated business-to-business financial solutions. These services will span foreign exchange conversion, local payments, and cross-border payments across Latin America, Europe, and Hong Kong. The companies w…
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