Settlement Organisation News Today

The Buna Payment System for the Arab Regional Payments Clearing and Settlement Organisation was launched at the World Governments Summit (WGS) 2024 in Dubai on Monday.

Linking Raast with Buna will facilitate Pakistanis to remit money in real-time.

Integration of Raast with Buna to simplify payments through official channels

Pakistan’s Raast and AMF-owned Buna payment systems will be linked to enable real-time, cross-border payments for overseas Pakistanis

As Flutterwave moves to capture a share of Egypt's cross-border remittances, the payment company hopes expanding and deepening its market coverage will also be a boost for its IPO appeal.

DUBAI, 7th June, 2023 (WAM) -- Emirates Islamic has announced its partnership with the Arab payment system Buna, to enhance and facilitate cross-border transactions in the Arab region. Buna is operated by the Arab Regional Payments Clearing and Settlement Organisation “ARPCSO,” a subsidiary of the Arab Monetary Fund (AMF).In line with the bank’s commitment to drive innovation in the Islamic banking sector, the collaboration with Buna will help Emirates Islamic’s clients to make payments ...

The new initiative will assist the bank's retail and corporate clients to send and receive cross-border multi-currency payments in a safe, cost-effective and transpa...

New initiative will assist UAB’s retail and corporate clients to send and receive cross-border multi-currency payments in a safe, cost-effective, and transparent way...