Jeonbuk Bank deploys Ripple Payments for Korea remittances

August 18, 2026

Jeonbuk Bank has become the first regional bank in Korea to deploy Ripple Payments for cross-border remittances. The service settles transfers in seconds, compared to days previously required via the SWIFT network.

Sources

NEW: Jeonbuk Bank becomes the first regional bank in Korea to deploy @Ripple Payments for cross-border remittances, settling transfers in seconds that previously took days via SWIFT. https://t.co/pXRBX7JHnsx.com ↗

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Jeonbuk Bank deploys Ripple Payments for Korea remittances — Outposts