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Groupe BPCE partners with UK-based payments firm TransferWise

French lender Groupe BPCE and its payments arm Natixis Payments has formed a partnership with U.K.-based payments processor TransferWise that will allow customers to send money abroad at what it describes as the "real exchange rate."

Groupe BPCE will integrate TransferWise's application programming interface into its mobile banking apps.

The partnership will be launched at the beginning of 2019.