Krungsri Partners With Nium to Expand International Transfer Offerings

Krungsri (Bank of Ayudhya PCL), one of Thailand’s largest banks, partners with Nium to enhance their international transfer offerings for both corporate and individual Krungsri customers.

Through this partnership, Krungsri and Nium will enhance the international transfer experience for millions of banking customers across Thailand. The integration offers their customers the ability to transfer money in real-time to various new countries across Europe, the UK, the US, and Asia Pacific.

Frederick Crosby

Frederick Crosby, Chief Revenue Officer at Nium, said:

“We are proud to be partnering with another one of Thailand’s largest and most reputable banks. Like Krungsri, we believe in the importance of financial inclusion and innovation. Together, we hope to enhance cross-border payments for millions of people and businesses across Thailand.”

Sayam Prasitsirigul

Sayam Prasitsirigul, Krungsri Chief Information and Digital Officer, said:

“Krungsri, as one of the largest banks in Thailand and a strategic member of MUFG, one of the world’s leading financial groups, has expanded the real-time payment network globally. Krungsri and Nium have started to deliver a new experience of seamless real time cross-border payment services with multiple corridors, to key countries around the globe. For this collaboration, Krungsri expects to bring the best experience of financial technology through fintech and partnership.”

Nium currently has strategic partnerships with some of the largest banks in Thailand.

Source: https://fintechnews.sg/56925/thailand/krungsri-partners-with-nium-to-expand-international-transfer-offerings/