Thai bank debuts mobile remittances to Myanmar

Kasikornbank eyes workers sending money home to family, while KBZ collects baht

20230822N Thailand smartphone

A woman uses her phone in a Bangkok shopping center. A new service will allow app-based money transfers from Thailand to Myanmar. © Reuters

Nikkei staff writers

BANGKOK -- Major Thai lender Kasikornbank said on Tuesday it has partnered with Myanmar's Kanbawza (KBZ) Bank to start a smartphone-based remittance service for sending money from Thailand to Myanmar.

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