Fintech & Digital PaymentsNews
DUBAI IMPACT:
Rain expands banking support in Bahrain and the UAE with Standard Chartered
Rain Financial Inc. entered a banking agreement with Standard Chartered covering Bahrain and the United Arab Emirates. The services include segregated client money accounts, fiat settlement, and correspondent banking for Rain’s regional operations. The setup supports retail and institutional customers, with settlement available in AED, BHD, and USD, while Rain remains licensed in Bahrain and ADGM.