China Banking Corporation (Chinabank) has forged a partnership with DeeMoney, Thailand’s premier Fintech money service business, leveraging the RippleNet platform to enable swift and convenient remittances from Thailand to the Philippines.
This collaboration enhances Chinabank’s global remittance network, allowing real-time transfers through the DeeMoney app, offering various modes such as credit to Chinabank accounts, other Philippine bank accounts, eWallets (e.g., GCash and Maya), and cash pick-up at Chinabank branches or its remittance partners.
Transactions exceeding P50,000 may be credited to beneficiaries’ bank accounts the next banking day. Chinabank’s RippleNet connections also include Qatar National Bank (QNB) and Mobile Money in Malaysia.
