Krung Thai Bank is moving forward to support international investment, aiming to bring comprehensive financial technology and innovation to unlock the limitations of international business. The bank is also supporting entrepreneurs in the Eastern Economic Corridor (EEC) to drive domestic investment to its full potential. The bank participated in the EEC Business Forum to present financial products and services to a delegation of private sector representatives from the Riyadh Chamber of Commerce in the Kingdom of Saudi Arabia and Thai businesspeople engaged in negotiations. The forum covered various business sectors including real estate, health and beauty, tourism, food and beverage, and technology on July 4, 2022, at the Grand Center Point Space Pattaya, Chonburi Province.

Krung Thai Bank is also ready to promote and support the revival of Thai-Saudi relations, particularly in trade and investment. During this EEC Business Forum, the bank presented financial products and technologies to provide comprehensive financial services under the concept Empower Better Business in EEC, focusing on leveraging technology to enhance agility and establish a comprehensive infrastructure for foreign investors entering the EEC area, as well as Thai entrepreneurs of all sizes. The bank is ready to connect business operations with a full range of Digital Solutions, including:

1. Krungthai Business is a financial management application for businesses that is easy and all-in-one. It allows for transferring, receiving, and paying both domestically and internationally with an intelligent assistant system that selects the appropriate money transfer service based on the amount, allows for scheduling transactions in advance, and can handle multiple transactions at once. It supports international transfers in up to 16 currencies and facilitates payments through My QR, along with withholding tax services and electronic withholding tax data submission (e-Withholding Tax Plus), providing convenience across all devices, anytime, anywhere, 24/7.

2. Krungthai SmartFX offers real-time foreign currency trading, and 3. Krungthai Smart Trade is an online service that allows for full international transactions and FCD account transactions, supporting up to 16 currencies.

Additionally, the bank connects logistics systems with Logistics & Tax Solutions to facilitate tax payments and logistics fees for businesses through the Krungthai Logistics Card, a debit card that simplifies tax and import-export fee payments with customs, ports, and leading cargo companies. It also offers customs guarantee letters through the ASEAN Customs Transit System (ACTS), facilitating cross-border transportation of goods to seven ASEAN countries.

Moreover, the event featured loan products tailored for large businesses, general corporate clients, and SME customers, with business loans starting at an interest rate of 2% per annum to enhance liquidity and expand business opportunities for stable growth. Interested customers can read more details at https://krungthai.com/th/content/eec-solution or inquire further at the Krungthai Contact Center at 02-111-1111.