![\"XTransfer](\"https:\/\/release.media-outreach.com\/release.php\/Images\/735120\/malay-license-E.jpg\")
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
The issuer is solely responsible for the content of this announcement.<\/p>\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 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. The issuer is solely responsible for the content of this announcement.<\/p>\n <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-49074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-outreach-newswire","category-media-outreach-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/49074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49074"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/49074\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/generic_link.png\")
https:\/\/www.xtransfer.com<\/a>![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-linkedin-1-24.png\")
https:\/\/www.linkedin.com\/company\/xtransfer.cn<\/a>![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-twitter-1-24.png\")
https:\/\/x.com\/xtransferglobal<\/a>![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-facebook-1-24.png\")
https:\/\/www.facebook.com\/XTransferGlobal\/<\/a>![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/resize-instagram-24.png\")
https:\/\/www.instagram.com\/xtransfer.global<\/a><\/p>\n<\/p>","protected":false},"excerpt":{"rendered":"
Plans Regional Operational Hub and Supports Local SME Trade Settlements<\/i><\/h4>\n
Hashtag: #XTransfer #PaymentLicense #Malaysia #BankNegaraMalaysia #Crossborder #SMEs<\/p>\nhttps:\/\/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<\/p>\n