On May 8, the Chinese B2B foreign trade finance platform xTransfer announced that it has obtained an electronic money institution license issued by the Dutch Central Bank. After obtaining a Dutch payment license, xTransfer can directly provide services such as local accounts, cross-border settlement, and foreign exchange for small and medium-sized trading enterprises in the Netherlands. xTransfer has also become a cross-border payment service provider that holds both a UK API license and a Dutch EMI license.

On May 8, the Chinese B2B foreign trade finance platform xTransfer announced that it has obtained an electronic money institution license issued by the Dutch Central Bank. After obtaining a Dutch payment license, xTransfer can directly provide services such as local accounts, cross-border settlement, and foreign exchange for small and medium-sized trading enterprises in the Netherlands. xTransfer has also become a cross-border payment service provider that holds both a UK API license and a Dutch EMI license.