Money transfer service Azimo partners with Siam Commercial Bank for faster payments to Thailand

INSUBCONTINENT EXCLUSIVE:
instant payments for its customers from Europe to SCB bank accounts in Thailand.According to the World Bank, Thailand is one of the top
remittance destinations globally, with $6.7 billion received from abroad each year, and Azimo says it remains one of the most expensive
countries to send and receive money
fintech wants to help change as it continues to expand to Asia as a key corridor.Specifically, the SCB tie-in takes advantage of
executive chairman Michael Kent tells me over WhatsApp
down from around 24 hours to an average of 22 seconds
messaging that is much more accurate and hi-fidelity than what people have tended to use, which is SWIFT
expand our reach across Europe
loved ones back in Thailand fast, cheaply and with certainty
proprietary payments platform
It offers low-cost international payments to 200+ countries and territories around the world and claims over 2 million registered customers.