SCB supports SMEs in using local currency to mitigate dollar risk, achieve cost reduction, and increase growth opportunities

Additionally, SCB has launched campaigns to encourage the use of these services. New customers can receive a 500-baht gift voucher by applying and accumulating foreign trade transactions via FX Online from July 1 to December 31, 2024. Existing customers can participate in the “The more you use, the more you get” campaign, where they can receive a gift voucher worth up to 3,000 baht when accumulating foreign trade transactions according to conditions specified by the bank from July 1 to September 30, 2024.

The SCB Local Currency Service involves setting and paying for goods or services in the local currency of the trading partner country. It is an important tool for managing risks across various local currencies, such as the Yuan, Ringgit, and Rupiah. Currently, SCB offers services for international transactions in 18 currencies and provides foreign exchange risk management products. One such product is Yuan Pro Rata Forward booking, which allows entrepreneurs to track movements, book, and confirm special exchange rates in one place via “FX Online” on SCB’s online platform, SCB Business Anywhere.

For more information on SCB Local Currency service and exchange rate risk hedging advice, customers can contact their Relations Manager, the Financial Market Sales team, or the SCB Business Call Center at 0-2722-2222.

• ข่าวSiam Commercial Bank
• ข่าวo:editor
• ข่าวo:fin
• ข่าวo:loc
• ข่าวen