DB completes first onshore Thai baht transfer for China’s XTransfer
XTransfer is the first foreign company granted a NRQC status by the Bank of Thailand, signifying a milestone in cross-border e-commerce settlement both for Thai and Chinese vendors and buyers.
Deutsche Bank (DB)’s Thailand branch has successfully executed a first onshore Thai Baht transfer for XTransfer, a Shanghai-headquartered Chinese payment platform providing cross-border business-to-business (B2B) settlement around e-commerce.
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