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Search Result for “outward remittance”

Showing 1 - 10 of 24

BUSINESS

Bangkok Bank targets SE Asia for growth

Business, Somruedi Banchongduang, Published on 30/01/2025

» Bangkok Bank (BBL) is focusing on four high-growth economies in Southeast Asia to drive its international banking business this year.

BUSINESS

Cross-border QR payments with India set to begin in Q3

Business, Somruedi Banchongduang, Published on 29/04/2024

» The Bank of Thailand is gearing up to launch QR code cross-border payments between Thailand and India by the third quarter of this year, with plans to extend the system to become a multinational payment network spanning Asia.

BUSINESS

BoT to improve payment system standard

Business, Somruedi Banchongduang, Published on 16/09/2022

» The Bank of Thailand plans to upgrade the country's payment system standard to stabilise financial services and prevent digital banking glitches.

BUSINESS

Krungsri preps B7-8bn for digital, innovation strategy

Business, Somruedi Banchongduang, Published on 04/02/2022

» Bank of Ayudhya, under the marketing name Krungsri, plans to spend a budget of 7-8 billion baht this year on digital and innovations to expand digital banking services both in Thailand and regional markets.

BUSINESS

Fees for new financial linkage could be reduced

Business, Somruedi Banchongduang, Published on 11/05/2021

» Fees for recently launched cross-border fund transfers between Thailand and Singapore through the PromptPay and PayNow systems may be lowered in the future if the transaction volumes are high, says the Bank of Thailand (BoT).

BUSINESS

PromptPay linked to Singapore's PayNow

Business, Somruedi Banchongduang, Published on 30/04/2021

» The Bank of Thailand (BoT) and the Monetary Authority of Singapore (MAS) have embarked on a digital payment linkage between the two countries via the PromptPay and PayNow systems.

BUSINESS

Diversifying service amid a pandemic

Business, Somruedi Banchongduang, Published on 10/04/2021

» The pandemic has pushed Superrich Thailand Forex (STR Forex) to think of new ways to do business in order to survive.

BUSINESS

CIMBT, Sabuy tie up to offer cross-border transfers

Business, Somruedi Banchongduang, Published on 18/02/2021

» CIMB Thai Bank (CIMBT) has joined forces with MAI-listed Sabuy Technology Co to jointly develop an ecosystem platform for cash management and money transfers domestically and regionally.

BUSINESS

Money changers explore related services

Business, Somruedi Banchongduang, Published on 19/01/2021

» Money changer companies are exploring new foreign exchange-related businesses to seek new income sources after their businesses have been drastically affected by the pandemic.

BUSINESS

SCB sets up local bank in Myanmar

Business, Somruedi Banchongduang, Published on 02/10/2020

» Siam Commercial Bank (SCB) has set up a bank in Myanmar after receiving a subsidiary business licence from the Central Bank of Myanmar, aiming to expand in the neighbouring market via offline and online platforms.