Singapore Gulf Bank (SGB), a fully licensed digital bank, has launched SGB Net, its real-time, multi-currency clearing network built to support the growing operational needs of digital asset participants. The platform enables free transfers around the clock — without relying on SWIFT or being constrained by traditional banking hours.

SGB Net eliminates pain-points in global transfers; such as long settlement times and high fees. To create an integrated digital financial network, SGB Net is onboarding all participants in the global digital economy, including crypto exchanges, stablecoin issuers, market makers, OTC desks and prime brokers.
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 Key features

·     Instant, free transfers: Zero transaction fees and real-time settlements among participants in the network.

·     Built for the digital economy: Offshore corporate and personal accounts, and comprehensive banking services such as treasury, payroll and vendor payout automation.

·     Enhanced capital efficiency: Access liquidity via SGB Net partner providers at institutional-grade spreads, API-enabled instant fiat-crypto on/off ramps and 24/7/365 direct settlements.
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 Beyond payments‍

SGB Net has enabled a range of real-world applications for corporate clients, including:

·     Automating treasury, payroll, and vendor payouts via API-integrated infrastructure.

·     Offering Institutional-grade OTC trading with instant fiat settlements, powered by industry-leading liquidity partners on SGB Net.

·     Accelerating liquidity across key counterparties by connecting stablecoin issuers, custodians, PSPs, OTC desks and market makers.

·     Extending clients’ market reach by leveraging SGB’s regulatory offshore onboarding capabilities to serve previously underserved markets.

·     Amid rising trade uncertainties, SGB Net helps companies within its network by reducing FX costs, allowing faster cash flow and reducing geopolitical exposure by transferring payments without reliance on SWIFT/correspondence banks.
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SGB will soon roll out named sub-accounts, off-exchange settlement and triparty services to support more complex institutional workflows — enabling clients to deploy crypto, tokenised assets and fiat equivalents with enhanced efficiency and secure asset control.
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About SGB

SGB is the first fully licensed digital bank in the MENA region serving global investors, innovators and institutions. Geared towards the digital economy, SGB empowers frictionless movement between digital and traditional finance and provides financial connectivity between Asia and the Middle East North Africa (MENA) region.

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