BANGKOK – CP All , the operator of 7-Eleven convenience stores in Thailand, is set to provide services on behalf of commercial banks at its more than 10,000 locations, chief executive Tanin Buranamanit has revealed. “We are [waiting for] the bank to license us to be an agent,” Tanin told the Nikkei Asian Review, saying CP All is in the “process of providing new services to the community.” Following a central bank regulatory amendment in March, the company is seeking to become an agent for one or more commercial banks. Under the Bank of Thailand’s revised guidelines, commercial banks can appoint any juristic person – a legal term that includes corporations – to act as their representative and handle transactions such as deposits, withdrawals and cash and check transfers. Previously, only financial institutions and Thai Post could be appointed. Loan services are not covered, and daily withdrawals would be limited to 20,000 baht ($600). Still, the plan would expand the sco...
Mga Komento
Mag-post ng isang Komento