💱 National Bank of Kuwait taps Ripple for new remittance service

The National Bank of Kuwait is partnering with Ripple ($XRP) for new remittance service NBK Direct Remit. Fees begin at one Kuwaiti dinars, but are are only available between Jordan and Kuwait at this time. As of 2017, $53 billion of remittance were sent in the Middle East and North African markets.

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