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Monday, April 29, 2024

DeeMoney partners with SCB to facilitate secure cross-border money transfers, expanding access to the Myanmar market

Mr. Aswin Phlaphongphanich, CEO, and co-founder of DeeMoney, said “DeeMoney and SCB share a strong partnership that acknowledges the significance of advancing financial services for over 2 million Myanmar citizens residing and working in Thailand. These individuals annually wish to send money back home, totaling more than USD 1.33 billion or approximately 48 billion baht. Our aim is to empower them to transfer money securely through the DeeMoney application, eliminating the reliance on brokers as seen in the past. Users can seamlessly conduct transactions anytime, anywhere, with utmost convenience and security, utilizing the DeeMoney application with a flat fee of only 49 baht per transaction. Furthermore, the application and call center offer services in the Myanmar language everyday”

He continued, “This collaboration between DeeMoney, SCB, and…

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