All posts tagged "Siam Commercial Bank"
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484Asia-PacificMyanmar Awards Licences to Seven More Foreign Banks
The preliminary licences were awarded to three Korean banks, two Taiwanese banks, one Hong Kong bank and one Thai bank.
April 13, 2020 -
1.5KAsia-PacificThailand, Cambodia Launch Cross-Border QR Payments
New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.
February 20, 2020 -
438AML / KYC
BOT Launches Digital Account Opening Tests at Six Banks
Six banks will open online deposit accounts digitally, using facial recognition to verify customer identities against information held in the new National Digital ID platform.
February 7, 2020 -
460Asia-Pacific
Myanmar to Issue New Licences to Foreign Banks
Foreign banks that have had a representative office in Myanmar for at least three years can apply for a branch licence or a subsidiary licence.
January 20, 2020 -
748Asia-Pacific
BOT Concludes Project Inthanon’s Second Phase
Phase 2 used smart contracts to automate bond lifecycle events, and introduced pre-validation to reduce error and fraud in funds transfers. Phase 3 will be a joint effort with the HKMA.
July 22, 2019 -
3.1KFeatureSWIFT Completes Latest gpi Trial with Singapore FAST
All cross-border payments in the trial, which involved 17 banks across 7 countries, settled end-to-end within 25 seconds. SWIFT gpi has also now been introduced for corporates.
July 22, 2019 -
695Asia-PacificCambodia Selects Three Banks to Pilot QR Code System
The QR code system developed by Siam Commercial Bank will enable cross border payments between Cambodia and Thailand using local currencies.
June 21, 2019 -
671Asia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
624Asia-Pacific
BOT Pilot to Reduce Government Bond Settlement to T+2
The pilot uses distributed ledger technology to enhance efficiency, transparency and security while reducing operating costs in the sales of government savings bonds.
October 5, 2018 -
664Asia-Pacific
Thailand Central Bank Digital Currency Prototype Slated for Q1 2019
Bank of Thailand will work with 8 participating banks to design, develop and test domestic wholesale funds transfers using a central bank digital currency.
August 22, 2018
