08 January 2024
Written By FinTech Alliance in Banking
HSBC has launched a new product called Zing focused on international transfers to better compete with fintech companies like Wise and Revolut.
In brief:
- It is now officially out, so let’s have a look at what HSBC offers and if it’s indeed a competitive service.
- Zing also has a completely different approach to foreign exchange as it is relatively transparent when it comes to fees.
- For now, Zing’s coverage is pretty limited as only people living in the U.K. can use it.
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