View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 19, 2006

Custom House and GSB launch foreign exchange pilot

Canada-headquartered foreign exchange firm Custom House has launched the first phase of an online foreign exchange project with Thailand's Government Savings Bank.

By CBR Staff Writer

The Government Savings Bank (GSB) has launched the new foreign currency transfer service in 13 currencies. To begin with, the GSB will provide this service as a pilot project at two branches, namely its Pahonyotin (head office) branch and the Service Section of the Consulate Department.

During 2007, the bank intends to upgrade its foreign currency exchange services and expand them to more areas throughout the country. Foreign currency transfer services will be opened at 32 additional branches in Metropolitan Bangkok and suburbs, while foreign currency exchange services will be increased by another 15 branches throughout the country.

These services will be facilitated through Custom House’s multiple payment internet money transfer system, which the company designed to meet the bank’s specific requirements.

This is the beginning of a great partnership in which we bring industry expertise and the Government Savings Bank brings local market excellence, commented Peter Gustavson, FCA, president and CEO of Custom House.

Content from our partners
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility
How to define an empowered chief data officer
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.