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KBank joins with DBS Bank, Singapore in unveiling real-time money transfer service

Silawat Santivisat, KBank executive vice president, and Sandeep Lal, regional head, Digital Consumer Banking Group, DBS Bank of Singapore, recently launched a new real-time money transfer service from Singapore via KBank to various types of accounts at 21 banks in Thailand. It is the first money transfer service that allows senders to check account names and status in Thailand.

Senders will also be advised of the exact service fees and recipients will receive the full amount of the transferred funds up to 1.5 million Baht/transaction. This service is intended to facilitate growing cross-border transactions in the digital era.

Published : August 09, 2018

By : The Nation