“Krung Thai” transforms gold investment Open a comprehensive online gold trading “for the first time” in Thailand through “Krungthai Gold Wallet” on the wallet app. Reinforcing its position as Thailand Open Digital Platform for investors to buy-sell gold conveniently and safely no fee Trade USD Directly in Real Time Pilot with “MTS Gold Mae Thong Sook” Starting October 25
On October 8, 2021, Mr. Rawin Boonyanusas Executive Vice President Money Market Capital Market Business Division Krung Thai Bank revealed that the bank is committed to continuous investment innovation development. Covering assets that meet the needs of all investor groups on an easily accessible channel Meet the new era of investment Especially on the Pao Tang application, which is the Thailand Open Digital Platform, developed by Infinitas by Krungthai, open for users. And all groups of partners come together to develop products and services that meet the needs of consumers exactly.
Recently, the bank has developed “Krungthai Gold Wallet” on the wallet app. Open the opportunity for general investors to access 99.99% pure gold investment from leading gold shops in real time. through a comprehensive online channel since opening an account Top up and exchange buy and sell gold without the need to travel to a gold shop or bank Meet the new era of investment and reduce the burden of gold storage of investors
“Krungthai Gold Wallet is truly a change in gold investment in Thailand. Allowing customers to invest in gold buying-selling anywhere, convenient, fast and safe, with a minimum investment of only 0.1 ounces or about 6,000 baht (referring to exchange rates and gold prices as of October 7, 64). Open for investment during Monday business days. -Friday from 7:00 a.m. to 2:00 a.m. for investors to buy-sell continuously. when the international market is open Thus investors do not miss the opportunity from the rising and falling of gold prices in the world market. The trading price is based on the world market price. on US dollars reduce the pressure of exchange rate fluctuations.”
In this regard, gold trading services via Krungthai Gold Wallet will be piloted on October 25, 2021 in collaboration with MTS GOLD Mae Thong Sook, which is the country’s top gold trading service provider when purchasing gold. Gold is immediately added to the Gold Wallet opened with the Gold Shop. And when you press to sell gold, you will receive money into your account immediately as well.
Without any cost or fee, investors can trade and profit from world gold prices. by direct debiting or receiving money in USD account A fully integrated online dollar trading (eFCD) account can be opened 24/7, making it the country’s first eFCD service. without fee No minimum limit with a special exchange rate that is better than the exchange over the bank counter This builds on the success of Krungthai Travel Card, which the bank first initiated to provide services.
Mr. Nuttaphong Hiranyasiri, Group Executive Officer of MTS Gold, said that gold is an attractive investment option and continues to be highly popular throughout all ages. Both domestic and international by MTS Gold Maethongsuk is very pleased to join with Krung Thai Bank. Develop investment channels that are easy, convenient, fast and safe for investors. Based on the experience and expertise of MTS Gold since the gold trading service through the red cabinet. And investment products in both Gold Online, Gold Futures and gold in the COMEX market that has made us recognized both in the country and the world market. including obtaining a license from the Bank of Thailand (BOT) to provide gold trading services in US dollars.
Therefore, the connection of gold trading through the Tao Tang application. It is believed that it will lead the progress and success of the Thai gold industry. To create diversity and convenience in all investment channels Supporting access to gold in all applications for more users across the country
Mrs. Alisara Mahasantana, Assistant Governor financial market line The Bank of Thailand (BOT) said that at present, the BOT is in the process of pushing for a new ecosystem of the Thai currency market (FX Ecosystem). allowing Thai people to invest in foreign assets more conveniently
In the past, the Bank of Thailand has relaxed regulations to allow foreign assets and gold to be traded in dollars. domestically Including also relaxing the rules on FCD accounts for Thai people to open accounts, buy, deposit, withdraw, sell, receive baht. and freely transfer foreign currency between each other through FCD accounts
Therefore, the development of a platform to trade gold dollars. Along with the launch of eFCD for the first time in Thailand It is a comprehensive online investment service. to help support Thai people to invest in foreign assets as well as flexible foreign exchange management Reduces the risk of currency fluctuations And there are more options to invest in foreign assets. This is in line with the approach to pushing for a new ecosystem of the Thai forex market (FX Ecosystem) in the long term.
