The Central Bank of Standoff is the country’s financial regulator. Consumer financial services are provided by three commercial banks:
• Commercial Bank of Standoff caters to both individuals and organizations and offers international money transfers via SWIFTNet.
• First Partner Bank specializes in personal banking, supports QR code payments in its mobile app, and also provides internet acquiring services for small businesses.
• Global Digital Bank is a cutting-edge bank that operates without brick-and-mortar locations or tellers. It offers a wide range of products and services, from standard plastic cards and domestic money transfers to a mobile app with multiple features.