Morocco's leading bank joins RippleNet payment network

by in Cryptocurrency News


Recently it became known that one of the leading banks in Morocco, Attijariwafa Bank, is joining the payment network of the RippleNet cryptocurrency project, which was created by the well-known American blockchain company Ripple, which is the developer of the digital asset of the same name.

It must be emphasized that for Attijariwafa Bank, the priority is to always remain a leader in the field of banking. The financial institution seeks to follow innovations to attract more users, including crypto-supporters, in this way.

Based on the official statement, it became known that the clients of the institution will be able to transfer funds between accounts in various ways while being practically anywhere in the world.

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“Attijariwafa Bank has been studying the possibility of its development in an innovative industry for more than 12 months, having previously taken some steps in this direction. Cooperation with RippleNet will allow our users to receive funds quickly and securely,” said Adran Driweh, manager of Attijariwafa Bank.

In this context, it must be emphasized that a significant percentage of the Moroccan diaspora lives in France, the Netherlands, and the United Kingdom. It is against this background that the leading financial institution directs its efforts to constantly expand the range of its services to allow the population to make all kinds of transactions, regardless of where they live.

By the way, earlier the bank began to cooperate with one of the other members of the RippleNet network - the Thanes platform, which allows international money transfers. In addition, the financial institution recently announced a partnership with the UK Monetary Authority.