SuperRich Currency Exchange to launch overseas transfers next year
Thailand’s SuperRich Currency Exchange Co Ltd expects to launch an overseas money transfer service in the second quarter next year, said its chief executive officer Piya Tantivechayanon.
The move to seek new revenue sources comes in response to the decline in foreign tourist numbers amid the Covid-19 pandemic.
The new service will be available via SuperRich branches and its mobile application and e-wallet. The company said it would also expand its partnerships to add more privileges and benefits for customers.
The new service is expected to boost revenue by 5 to 10 per cent.
For the remainder of this year, the company is focusing on cost reductions.
SuperRich says it is currently exchanging Bt600 million-Bt900 million per month and expects to maintain that level until the end of this year.
