Core Insights - XTransfer has obtained an Electronic Money Institution (EMI) license from the Dutch Central Bank (De Nederlandsche Bank, DNB) [1] - With the Dutch payment license, XTransfer can directly provide local accounts, cross-border settlement, and foreign exchange services to small and medium-sized trading enterprises in the Netherlands [1] - XTransfer is now a cross-border payment service provider holding both the UK API license and the Dutch EMI license [1]

Group 1 - XTransfer has obtained an Electronic Money Institution license from the Dutch Central Bank [1] - The Netherlands is China's second-largest trading partner in the EU [1] - The license allows XTransfer to provide local accounts, cross-border settlement, and foreign exchange services to small and medium-sized enterprises in the Netherlands [1] Group 2 - The services offered by XTransfer aim to reduce transaction costs and improve capital flow efficiency for local businesses [1]