Bank Indonesia becomes full member of Nexus
Cross-border network seeking system architect to lead global instant payments interoperability
Bank Indonesia has joined Nexus as a full participating member and is working to connect its instant payment system to the cross-border network.
In a statement today (February 2), Nexus described Indonesia’s full participation as “particularly significant given its position as one of the world’s largest remittance corridors, both as a major source of migrant workers and a recipient of overseas remittances”.
The United Nations estimates that in 2024 more than 5 million Indonesian nationals
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