Kasikorn Bank becomes first to handle transactions in all ASEAN+3 currencies
Monday, 00:10, 06/03/2017
To aid Thai investors doing business abroad, Kasikorn Bank has become the first bank to accommodate transactions in all the currencies of the ASEAN+3 grouping.
From now on, all Kasikorn Bank offices throughout ASEAN and its three partners will accommodate financial transactions in any of the grouping’s currencies. The move is in line with government policy for Thai investors to accept other regional currencies as a way to avoid issues arising from currency fluctuations and the uncertainty of the US dollar.
It is expected the bank will handle up to 280 billion baht worth of transactions in various currencies this year.