Groping of Mexico’s president puts violence against women in spotlight
Trend Micro Launches End-to-End Protection for Agentic AI Systems with NVIDIA
Govt open to expanding flight voucher programme
Malaysia amal pendekatan berkecuali akses cip AI global
Polis Melaka tumpas sindiket job scam sasarkan mangsa Ecuador
Saksi kanak-kanak cari diari Zara Qairina di bilik asrama
Malaysia perkukuh ekosistem pusat data dan bakat tempatan ke arah negara AI 2030
Malaysia boleh tarik balik pengiktirafan badan pensijilan halal AS
Pasport Malaysia naik tangga ketiga dunia dalam ranking 2025
Malaysia and China in talks to form rail industry SPV for train leasing
Malaysia kaji model industri pertahanan Arab Saudi untuk tingkat kedaulatan
Alamaa and Potter conquer the 10th edition of IRONMAN Langkawi
Malaysia adopts neutral approach to AI chip access for data centres
KPDN siasat kenaikan tambang bot laju Menumbok-Labuan RM3
Malaysia opens new CIDB centre in Shanghai to boost trade standards with China
Aktiviti perlombongan di hulu Sungai Perak diarah henti sementara
King praises Saudi Arabia’s good treatment of Malaysian workers
Government takes firm action against civil servant misconduct
Witness helped search for Zara Qairina’s diary, court told
Jalan alternatif kurangkan kesesakan PLUS bakal dibina tahun depan
Malaysia can revoke US halal certifiers’ JAKIM recognition if standards breached
Australia supports Malaysia’s care economy framework and action plan
Ugandans celebrate Mamdani’s historic New York mayor win
ASEAN must drive innovation to boost economic competitiveness
FAM must review FIFA grounds before considering CAS appeal, says lawyer
Malaysia to study Saudi Arabia’s defence industry model
Only JAKIM-issued halal certificates recognised in Melaka
Latvia delays withdrawal from anti-gender violence treaty for a year
Johor considers water bill rebate after river pollution crisis
Young Malaysian earns International ‘Fide Master’ Title at just 16 years old
KPDN probes RM3 speedboat fare hike on Menumbok-Labuan route
Malaysian passport powers into world’s top three
Gaza hospital receives 15 Palestinian bodies in latest ceasefire exchange
Sungai Perak pollution: mining activities temporarily halted
Bursa Malaysia and AmInvest launch country’s first SRI-qualified ETF
‘Whole-of-nation’ approach needed to fight financial crime: Azman Hashim
Creativity and technology key to nation’s prosperous future: Raja Muda Perlis
Malaysia deploys 150 peacekeepers to Lebanon under UN mission
Malaysia set to gain from China collaborations, says Zahid
Berjaya Land’s Four Seasons Okinawa secures US$70m financing from Exim Bank
Sultan Pahang calls for lessons from heritage players documentation issue
Malaysia strengthens data centre ecosystem with focus on local talent
SARA partner stores surge to 8,700 nationwide for 2025
Malaysia seeks Thailand’s help in dual citizenship shooting case
Germany arrests 18 in global fake subscription scam worth €300 million
Philippines typhoon death toll exceeds 100 as flood devastation emerges
Iranian citizen freed by France now at embassy in Paris
Sudan funeral attack kills 40 as conflict spreads to Kordofan
Shein’s first Paris store opens amid protests and bargain hunters
Sultan Ibrahim’s Bahrain visit marks historic milestone in bilateral ties
© 1993-2025 All Rights Reserved.
The Sun Malaysia is proudly owned by Sun Media Corporation Sdn Bhd. (221220-K)
Groping of Mexico’s president puts violence against women in spotlight
Trend Micro Launches End-to-End Protection for Agentic AI Systems with NVIDIA
Govt open to expanding flight voucher programme
Malaysia amal pendekatan berkecuali akses cip AI global
Polis Melaka tumpas sindiket job scam sasarkan mangsa Ecuador
Saksi kanak-kanak cari diari Zara Qairina di bilik asrama
Malaysia perkukuh ekosistem pusat data dan bakat tempatan ke arah negara AI 2030
Malaysia boleh tarik balik pengiktirafan badan pensijilan halal AS
Pasport Malaysia naik tangga ketiga dunia dalam ranking 2025
Malaysia and China in talks to form rail industry SPV for train leasing
Malaysia kaji model industri pertahanan Arab Saudi untuk tingkat kedaulatan
Alamaa and Potter conquer the 10th edition of IRONMAN Langkawi
Malaysia adopts neutral approach to AI chip access for data centres
KPDN siasat kenaikan tambang bot laju Menumbok-Labuan RM3
Malaysia opens new CIDB centre in Shanghai to boost trade standards with China
Aktiviti perlombongan di hulu Sungai Perak diarah henti sementara
King praises Saudi Arabia’s good treatment of Malaysian workers
Government takes firm action against civil servant misconduct
Witness helped search for Zara Qairina’s diary, court told
Jalan alternatif kurangkan kesesakan PLUS bakal dibina tahun depan
Malaysia can revoke US halal certifiers’ JAKIM recognition if standards breached
Australia supports Malaysia’s care economy framework and action plan
Ugandans celebrate Mamdani’s historic New York mayor win
ASEAN must drive innovation to boost economic competitiveness
FAM must review FIFA grounds before considering CAS appeal, says lawyer
Malaysia to study Saudi Arabia’s defence industry model
Only JAKIM-issued halal certificates recognised in Melaka
Latvia delays withdrawal from anti-gender violence treaty for a year
Johor considers water bill rebate after river pollution crisis
Young Malaysian earns International ‘Fide Master’ Title at just 16 years old
KPDN probes RM3 speedboat fare hike on Menumbok-Labuan route
Malaysian passport powers into world’s top three
Gaza hospital receives 15 Palestinian bodies in latest ceasefire exchange
Sungai Perak pollution: mining activities temporarily halted
Bursa Malaysia and AmInvest launch country’s first SRI-qualified ETF
‘Whole-of-nation’ approach needed to fight financial crime: Azman Hashim
Creativity and technology key to nation’s prosperous future: Raja Muda Perlis
Malaysia deploys 150 peacekeepers to Lebanon under UN mission
Malaysia set to gain from China collaborations, says Zahid
Berjaya Land’s Four Seasons Okinawa secures US$70m financing from Exim Bank
Sultan Pahang calls for lessons from heritage players documentation issue
Malaysia strengthens data centre ecosystem with focus on local talent
SARA partner stores surge to 8,700 nationwide for 2025
Malaysia seeks Thailand’s help in dual citizenship shooting case
Germany arrests 18 in global fake subscription scam worth €300 million
Philippines typhoon death toll exceeds 100 as flood devastation emerges
Iranian citizen freed by France now at embassy in Paris
Sudan funeral attack kills 40 as conflict spreads to Kordofan
Shein’s first Paris store opens amid protests and bargain hunters
Sultan Ibrahim’s Bahrain visit marks historic milestone in bilateral ties
© 1993-2025 All Rights Reserved.
The Sun Malaysia is proudly owned by Sun Media Corporation Sdn Bhd. (221220-K)
HONG KONG SAR – Media OutReach Newswire – 5 November 2025 – XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform and Bank SinoPac, acting through its Hong Kong Branch (hereinafter referred to as the Bank SinoPac Hong Kong Branch) are pleased to announce a comprehensive collaboration. The two parties will jointly expand international operations and provide SMEs engaging in international trade with one-stop cross-border financial solutions, including global and local collections, foreign exchange conversion and FX settlement. Coinciding with Hong Kong FinTech Week 2025, Bill Deng, Founder and CEO of XTransfer, and Lin Chia Yun, Chief Executive of Bank SinoPac Hong Kong Branch, officially signed a memorandum of understanding at the XTransfer booth.
XTransfer is set to collaborate closely with Bank SinoPac Hong Kong Branchin multiple phases to enhance cross-border payment solutions. In the initial phase, with the support of robust network and service capabilities from Bank SinoPac Hong Kong Branch, XTransfer will offer its more than 700,000 customers Global Accounts, Local Currency Accounts, and Foreign Exchange (FX) services. Moving forward, the partnership plans to extend into Vietnam, Taiwan and other regions, allowing customers to settle foreign currency proceeds to Chinese Mainland.
With the “Local Currency Accounts” service, XTransfer customers can receive payments directly from buyers in their local currency. This avoids foreign exchange losses that often occur from currency conversions imposed by intermediary banks during remittance. Additionally, buyers in various markets can pay in their own local currencies, which greatly reduces remittance costs and enhances transaction efficiency and cash flow for both parties.
This comprehensive partnership not only adds more functionality for XTransfer’s customers but also helps Bank SinoPac expand its business and reach a broader customer base by working with XTransfer, the B2B industry leader with a leading number of clients.
Bill Deng, Founder and CEO of XTransfer, said, “We are delighted to announce our comprehensive collaboration with Bank SinoPac Hong Kong Branch during Hong Kong FinTech Week. This marks a new starting point in upgrading XTransfer’s service. With more robust local collection and multi-currency settlement capabilities, we will make cross-border payments faster, cheaper, and more reliable, helping SMEs connect with global markets at lower costs and higher efficiency. Meanwhile, we will continue to enhance compliance and risk management to build a trusted cross-border financial infrastructure.”
Lin Chia Yun, Chief Executive of Bank SinoPac Hong Kong Branch,said, “Bank SinoPac has long been committed to providing innovative and diversified financial solutions. We look forward to this collaboration with XTransfer. It is not only a business alliance but also our shared commitment to creating value for the market. We believe that through our joint efforts, we can deliver better services and experiences to our customers. Looking ahead, we will continue to deepen cooperation and create more possibilities together.”
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
https://www.instagram.com/xtransfer.global
Hashtag: #XTransfer#BankSinopac#Crossborder#Payment#SMEs#HKFTW
The issuer is solely responsible for the content of this announcement.
Popular Categories
The digital home of Malaysia’s leading English daily. Delivering trusted news and in-depth stories since 1993.
Get important news delivered directly to your inbox and stay connected!
© 1993-2025 All Rights Reserved. The Sun Malaysia is proudly owned by Sun Media Corporation Sdn Bhd. (221220-K)