Home / Ripple / The Major Swedish Bank SEB unveils future plans on the use of Ripple products

The Major Swedish Bank SEB unveils future plans on the use of Ripple products

The head of the transaction services at the Swedish bank SEB, Paula da Silva, revealed some of the possible future and future uses of XRP during the recent interview. The leading Swedish bank, SEB, has long been a Ripple partner. Meanwhile, recent updates from the company representative were interesting comments on the further use of Ripple products.

On the current situation of mutual cooperation, Paula da Silva he has declared: "Last year, there was only one customer, we now have ALL SEB customers who make inter-company transfers between Sweden and the United States on the Ripple platform, so we have a couple of billions".

According to the official message, the Bank's key objective of using Ripple's products is to focus on regulation between Sweden and the United States. "The platform would be used for real-time transfers between Stockholm and New York, which would help customers process real-time transfers between their accounts in Sweden and the United States," said Paula da Silva.

Furthermore, it was informed that the bank is currently exploring all possible ways to use new Ripple technologies and products. For now all customers have reported positive feedback on the experience with the use of the platform.

Paula da Silva also commented: "Last year, there was only one customer, so now all SEB customers make inter-company transfers between Sweden and the United States on the Ripple platform, so we have a couple of billions that cross it, we are trying to understand how it goes and what we need to make it happen even better ".

The next step

Meanwhile Da Silva also mentioned the "next step" that the bank is currently looking at. This can be referred to Ripple's recent XRapid product. Finally, the official representative concluded by expressing high hopes for further cooperation with Ripple.

She he has declared"We are really proud to work with Paula and her team at SEB Super results from a great customer and partner Ripple".

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