Belgacom ICS, a leading global provider of voice, data and value added services, announced on 30 October that they have signed an MoU with The Royal Bank of Scotland that will form the basis of a co-operation deriving mutual benefit from RBS’s Fxmicropay System and Belgacom ICS’ HomeSend solution. Belgacom ICS’ HomeSend solution, built in partnership with eServGlobal, is the first mobile centric global hubbing service for international remittances, while RBS’s Fxmicropay System enables efficient and secured foreign exchange transaction processing with limited currency exposure. International remittances are a significant part of mobile payments, allowing mobile subscribers to easily and quickly transfer money internationally. Through the currently existing remittance channels these cross-border transactions often bring a spread in currency exchange. Removing this obstacle will consequently catalyse the uptake of mobile remittances and therefore bring greater value to Belgacom ICS’ hubbing service, HomeSend, which is available to its mobile operator customers and other mobile payment suppliers.