Banco Mercantil Del Norte SWIFT Code Guide

Banco Mercantil Del Norte SWIFT Code Guide

This article presents the SWIFT code and relevant banking information for BANCO MERCANTIL DEL NORTE, highlighting its significance in international financial transactions. It provides the bank's address and services, guiding customers on how to effectively use the bank's information for cross-border remittances.

Hong Kong to Rename Virtual Banks As Licensed Digital Banks

Hong Kong to Rename Virtual Banks As Licensed Digital Banks

The Hong Kong Monetary Authority (HKMA) plans to rename "Virtual Banks" to "Licensed Digital Banks" to eliminate public misconceptions about the term "virtual" and enhance trust. This move aims to further promote the development of digital banking in Hong Kong and align with international trends. Currently, digital banks in Hong Kong have 2.2 million customers and deposits of HK$37 billion. The rebranding reflects the growing maturity and acceptance of digital banking services in the region, signaling a commitment to innovation and financial inclusion.