X @Wu Blockchain

Singapore Gulf Bank (SGB) announced the launch of SGB Virtual Accounts, providing enterprises with automated collections and cash management. The service combines collect-on-behalf-of (COBO) and pay-on-behalf-of (POBO) functions enabling unique structured account identifiers for different payers, invoices, or business units, with instant identification and real-time settlement to reduce reconciliation delays and manual processing. https://t.co/mhmeOV77eV ...