Great information if you are in India or Dubai.
Another Day, Another Ripple partnership
"National Bank of Fujairah PJSC (NBF), has just announced its partnership with Ripple and their plans to use RippleNet for cross-border remittance payments for Indian customers. The bank will be partnering with Indian bank Indus Ind Bank.
The partnership will allow NBF customers to utilize RippleNet’s cross-border payment system for a cheaper, more transparent way to send remittance payments to India. It will also facilitate faster and more traceable payments, offering an improved experience.
NBF, is a Shariah law compliant bank, which offers commercial and retail banking options for customers. They have 18 branches across the United Arab Emirates (UAE). NBF has a large Indian customer base."