Asian cross-border payment framework to launch in '2 or 3 years'

Thai central bank executive says five-nation project will boost convenience

20241204 BOT

The Bank of Thailand's Naphongthawat Phothikit. (Photo by Aiko Munakata)

AIKO MUNAKATA, Nikkei staff writer

BANGKOK -- A payment framework that enables immediate money transfer between five Asian nations is expected to launch in two to three years, according to a senior official at the central bank in Thailand, one of the participating countries.

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