GSB ADDS RIA AS PARTNER FOR MONEY TRANSFERS
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Government Savings Bank (GSB) has joined with Ria Money Transfer, a global money transfer operator, on a service that it says will streamline the process for domestic and international money transfers.
GSB president Chatchai Payuhanaveechai said yesterday that the initiative would support the bank’s business expansion, with the service enabling faster international transfers.
“We have foreign exchange services for our customers but the collaboration with Ria will speed up the service and provide more convenience for our customers," he said.
Ria Money Transfer's managing director for Europe, the Middle East, Africa and South Asia, Sebastian Plubins Malfanti, said that Thailand received US$6.3 billion in money transfers from overseas in 2016 and transfers from Thailand to foreign countries came to US$3 billion that year.
These volumes meant Thailand topped the list of Asean countries for money transfers, said Malfanti.
