Partnership with Morgan Stanley wise platform Enhance cross-border payment capabilities for corporate and institutional customers.
Through this partnership, Morgan Stanley becomes the first investment bank to offer international foreign exchange payments through Wise’s infrastructure.
Leveraging the Wise Platform’s technology and combining it with Morgan Stanley’s integrated approach, the Bank provides fast, cost-effective, transparent and easy cross-border payments solutions to sophisticated corporate and institutional clients. We aim to provide.
This integration will enable banks to shorten implementation timelines while expanding their suite of transactional foreign exchange services.
The Wise Platform, a global payments infrastructure for banks, enables financial institutions to offer international payments using Wise’s network.
Steve Naudé, Wise Platform Managing Director:
“This relationship marks an important milestone as a growing number of trusted World Banks choose to power cross-border payments through the Wise Platform.
Morgan Stanley has a strong and clear payments vision for the experiences and solutions we want to deliver to our customers. We are excited to work with Morgan Stanley to enable enterprise payments capabilities and provide customers with fast, cost-effective, transparent and easy payments. A client of Morgan Stanley. ”
Sameer Oweida, global head of foreign exchange and emerging markets at Morgan Stanley, said:
“At Morgan Stanley, we are committed to providing best-in-class technology solutions to our clients.
Our relationship with Wise allows us to adapt to our customers’ evolving needs and offer one of the fastest, most operationally robust and cost-effective payments capabilities in the banking industry. ”
Featured image credit: Edited from freepic
