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.
Kasikornbank eyes workers sending money home to family, while KBZ collects baht
A woman uses her phone in a Bangkok shopping center. A new service will allow app-based money transfers from Thailand to Myanmar. © Reuters
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.