UAE retail and commercial bank RAKBANK partners with BDO Unibank, customers can use RippleNet to transfer money to the Philippines

UAE retail and commercial bank RAKBANK, in partnership with BDO Unibank, a full-service universal bank in the Philippines, plans to strengthen its current remittance business in the Philippines. RAKBANK has previously joined RippleNet, and this collaboration will enable customers to use RAKBANK's transfer service (RMT) via RippleNet to instantly and securely transfer money to any bank within the country.