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Bank Indonesia says it will enable cross-border payments in 5 ASEAN countries next year

JAKARTA (Reuters) – The next step in a plan for cross-border payments between the five ASEAN countries of Thailand, Singapore, Malaysia, the Philippines and Indonesia will be Fully connected year.

Governor Perry Wajiyo said at an Islamic economic event that Indonesia has linked its payment system with Thailand and will soon connect it with Malaysia and Singapore. He did not elaborate on the agreement with the Philippines.

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