Payward Has Integrated Singapore Gulf Bank Clearing Network
The partnership allows institutional clients to settle transactions around the clock using the SGB Net platform.
Updated on Oct. 5, 2026 in Financial Services
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Payward has integrated the SGB Net real-time clearing network to enable 24-hour transaction settlement for institutional clients. This move bridges traditional banking gaps by allowing funds to be deposited and used for trades continuously.
Why it matters
Traditional banking settlement systems typically operate only during fixed business hours, which creates friction for digital asset markets that trade around the clock. By leveraging SGB Net, institutional investors can achieve immediate liquidity.
SGB Net processes more than $20 billion in monthly fiat transactions. The integration provides institutional clients with the ability to settle these transactions 24 hours a day.
The players
Payward
Payward is a financial services company that operates the Kraken platform and provides liquidity services for digital assets.
Singapore Gulf Bank
Singapore Gulf Bank is a financial institution regulated by the Central Bank of Bahrain that focuses on digital banking services.
Mumtalakat
Mumtalakat is the sovereign wealth fund of the Kingdom of Bahrain that holds a backing stake in Singapore Gulf Bank.
Whampoa Group
Whampoa Group is a Singapore-based investment firm that serves as a primary backer for Singapore Gulf Bank.
Central Bank of Bahrain
The Central Bank of Bahrain is the national regulatory authority responsible for overseeing financial institutions operating within the country.
The details
Institutional clients can now deposit funds through the SGB Net network for immediate use on Payward, while Singapore Gulf Bank utilizes Kraken Prime as a source for digital asset liquidity. This collaboration is designed to streamline trade pricing and availability across the platform.
Timeline
Singapore Gulf Bank launched the SGB Net clearing network in 2025.
The partnership between Payward and Singapore Gulf Bank was announced on October 5, 2026.
Market Landscape
The integration follows the protocols set by the Central Bank of Bahrain regulatory framework for digital assets. This move positions both entities to bridge the gap between traditional banking and digital assets while capturing institutional market share in the Gulf region.
Institutional clients gain the ability to move and deploy capital without being restricted by traditional banking hours. These improvements aim to reduce settlement times and increase liquidity availability for users participating in continuous digital asset markets.
The takeaway
This partnership highlights how established banking infrastructure is increasingly adapting to support the 24-hour nature of global digital asset markets. Investors should watch for further integrations that seek to minimize settlement delays between fiat and crypto-assets.
What happens next
Singapore Gulf Bank will begin drawing on Payward's markets to price trades for its customers in the coming months.
Further reading
Learn more about the latest innovations in Financial Services.
More information
Review the latest institutional updates on the Singapore Gulf Bank corporate website.
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