Stock Exchange of Thailand picks Citi for its Cash Management solution

Bangkok, Hong Kong – The Stock Exchange of Thailand has appointed Citi to provide a comprehensive cash management solution as part of its goal to achieve higher operational efficiency through better management of its cash flow and streamlining of its day-to-day cash management needs.

“We are honoured to be working with Stock Exchange of Thailand as their cash management solution provider to streamline and centralize their existing processes. This mandate further underlines our commitment to work with our clients for tailored solutions that best serve their needs,” said Darren Buckley, Citi Country Officer and Country Head, Thailand.

The proposed cash management solution will allow SET to leverage their current system to streamline transaction processing and automate reconciliation. With Citi’s end-to-end payment solution, SET will achieve enhanced security, effective audit controls and flexible processing capabilities customizable to SET’s requirements and needs.  Leveraging on Citi’s extensive local and global network, SET will also be able to expand their collection points and will be able to eliminate unidentifiable incoming cross border fund transfers through the use of Virtual Account.  In addition, the comprehensive liquidity solution including cash pooling will enable SET to improve their use of funds across their various entities more efficiently.

จากคุณ	: chubby_n
เขียนเมื่อ	: 27 ธ.ค. 55 14:13:00

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