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Important update on Cross-Border Transactions! The Central Bank issued a directive with respect to changes on the processing of Cross- Border EFTs (Electronic Funds Transfers) payments within the Common Monetary Area (CMA). This will impact primarily low value payments and collections within the CMA, i.e., Eswatini, Lesotho, Namibia & South Africa. The change will enhance the safety, efficiency, and security of our cross-border transactions in the CMA and align to international standards. | Stan
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