They signed the memorandum of understanding on Wednesday for the electronics guarantee and payment, which is in line with the National Payment Message Standard (NPMS), at the ceremony presided by Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong.
He said that NPMS has been initated by the Bank of Thailand, to reduce time and expense involved with import-export transactions.
Joining the service are:
1. Bangkok Bank
2. Kasikornbank
3. The Royal Bank of Scotland, Bangkok Branch
4. Krungthai Bank
5. JP Morgan Chase Bank
6. Bank of Tokyo-Mitsubishi UFJ
7. TMB Bank
8. Siam Commercial Bank
9. Citibank
10. Sumitomo Mitsui Banking Corp
11. Standard Chartered Bank (Thai)
12. CIMB Thai Bank
13. UOB (Thai) Bank
14. Bank of Ayudhya
15. HSBC
16. Deutsche Bank
17. Export and Import Bank of Thailand
18. Mitsuho Corporate