Morgan Stanley Implements Instant Currency Transfers for Corporate Clients
Financial conglomerate Morgan Stanley partnered with Wise to enable instant international currency transactions for its corporate and institutional clients.

Morgan Stanley, the second-largest commercial multinational corporation in the U.S., announced the integration of Wise Platform, a system for international money transfers with direct currency conversion. This partnership will allow Morgan Stanley’s major clients to conduct instant cross-border currency transactions, according to Wise representatives.
Wise is a global payments provider working with leading banks, financial institutions, and enterprises worldwide. The company holds over 65 licenses for payment services and has six direct connections to payment systems, enabling 63% of cross-border payments to be processed in under 20 seconds.
According to the press release, this new offering will enhance Morgan Stanley’s existing suite of currency exchange transactional services tailored for corporate and institutional clients. Notably, Morgan Stanley is the first systemically important financial institution to implement corporate payments via Wise Platform.
Steve Naudé, Managing Director of Wise Platform, stated that the company supports the shift of major traditional financial service providers toward innovative FinTech solutions. These solutions offer faster, more cost-effective, and transparent cross-border payments for the corporate sector compared to conventional financial infrastructure.
The availability of purely FinTech-driven solutions for corporate-level international operations is steadily growing. In 2024, Ripple announced the launch of a Web3-based corporate solution for supply chain financing, designed for institutional clients in Japan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Company Announces Strategic Reserve Plan for Altcoin, Which Turks Are Focused On! Will It Be Enough to Increase the Price?
Arbitrum developer Offchain Labs has announced its strategic ARB token acquisition plan.
Tron Founder Justin Sun Issues Ethereum (ETH) Warning! "Must Be Solved Urgently!"
Tron (TRX) founder Justin Sun has drawn attention to the problem of excessive leverage in the Ethereum ecosystem.
Analyst Who Predicted the Last Crash Forecasts Where Bitcoin (BTC) Price Will Go Next
Markus Thielen from cryptocurrency analysis company 10X Research spoke about the Bitcoin price in his statement.
BREAKING: SEC Delays Dogecoin Spot ETF Decision
Trending news
MoreCrypto prices
More








