Fintech
Hana Bank launches Fast-Fit remittance service with real-time tracking
Hana Bank launched a U.S. remittance service aimed at improving processing speed and transparency. The Fast-Fit remittance service allows customers to check fees and the amount the recipient will receive before sending money, and to track the transfer status in real time after remittance. It uses the SWIFT network\'s Retail Payments Scheme and was first implemented at 26 banks in 10 countries. Hana Bank plans to expand the service to Australia and Canada.