HONG KONG, June 27, 2025 /PRNewswire/ — XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is proud to announce that, together with OCBC, it has been awarded the “Best Payments and Collections Solution – Regional” at The Asset Triple A Treasurise Awards 2025. This prestigious award is a testament to the ongoing commitment of both XTransfer and OCBC to product innovation and service excellence. It also recognises the exceptional efforts of both organisations in delivering efficient, secure, and convenient cross-border payment and collection solutions for SMEs.
Founded in Singapore, OCBC Group is the second-largest financial services group in Southeast Asia. OCBC’s China team actively coordinated resources for XTransfer, maintaining close communication with OCBC teams in Hong Kong and Singapore to develop, advance, and implement the solution. Through OCBC’s advanced payments and collections API solutions, including credit advice API, reconciliation report API, and virtual account functions, XTransfer clients and their buyers are offered more efficient and convenient payment and collection options, further facilitating the settlement of funds in global trade for SMEs.
Bill Deng, Founder and CEO of XTransfer, said, “We are truly honoured to receive this award together with OCBC. This recognition not only affirms our ongoing innovation and deep cooperation but also fully demonstrates our shared commitment to providing secure, efficient, and convenient cross-border payment and collection services for SMEs worldwide. Moving forward, XTransfer will continue to deepen its collaboration with OCBC to help more SMEs expand into global markets.”
Ang Eng Siong, CEO of OCBC China, said, “As the global account manager of XTransfer, we are customer-oriented and actively leverage the resources of OCBC Group in Singapore, Hong Kong, and Mainland China to ensure the smooth implementation of service solutions and seamless business execution. The API financial solution provided to XTransfer this time adopts cutting-edge technology in the industry and introduces multiple innovative features. These features offer XTransfer’s clients and their buyers more efficient and convenient payment and collection options, supporting their sustained growth and development in China and the ASEAN region.”
The Asset Triple A Treasurise Awards, organised by The Asset magazine, holds high esteem within the financial industry and celebrates outstanding achievements and best practices of companies that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management in Asia Pacific, the Middle East, Europe and North America.
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SOURCE XTransfer
