Banco Santander the Spanish banking giant’s "One Pay FX" went live in April 2018. Powered by Ripple’s xCurrent, the mobile app allows the banks customers near instant international cash payments. The app has now hit a new milestone. Santander UK customers with a debit card will benefit from the now live UK–Poland payments corridor.
The bank’s UK branch has released the version 1.3.1 of the “OnePay FX” app, which operates in the new European corridor. Through it, the Santander UK customers can send Zloty (PLN) payment to their Polish recipients. The news was confirmed by Marcus Treacher, the Ripple Customer Success Senior Vice President:
“Santander UK’s One Pay FX app now supports payments to Poland from the UK – no fees, best ex rate, smooth payment experience.”
The bank’s UK customers can now make affordable GBP payments of up to £10,000 a day. This cash can be sent to 19 Eurozone nations, to Poland as Zloty or as USD to the US. Reports further state that customers will pay minimums in fees, starting with zero transaction fees perhaps as a promotional fee. This has led to the speculation that maybe the Santander app is also getting xRapid onboard for fast and cheap transfers.