KBank said the move would not only cut customers&rsquo; transaction costs, but also give them opportunities to seek new partners. As Thailand&rsquo;s first bank to offer the service for all AEC+3 currencies, KBank expects at least Bt280 billion in funds transfer under this service for the year.

KBank moves towards becoming a regional settlement bank

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Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

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Nuttapakron is a Rewriter for Nation Group. He focuses on factual precision and clarity, striving to present updates that are both trustworthy and highly readable.&nbsp;

KBank moves towards becoming a regional settlement bank

Aiming to become a regional settlement bank, Kasikornbank has introduced a funds transfer service for all AEC+3 currencies at every branch, embracing fastgrowing crossborder trade denominated in local currencies.

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