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InstaReM to offer cross-border payments service for KASIKORNBANK clients

Asia’s leading digital cross-border payment company InstaReM has partnered with Thailand’s leading bank KASIKORNBANK (KBank) to provide cross-border payments for bank’s client.

The company in its statement on Thursday said that “As InstaReM is already powering the payments for three of top ten Southeast Asian Banks and leading financial institutions across the globe, this partnership with KASIKORNBANK will allow InstaReM to further entrench itself as a leading player in the institutional payment spaces.”

Commenting on the partnership with KBank, InstaReM CEO and Co-founder, Pranjit Nanu said “We are delighted to be working together with KBank to power their outward remittances. This relationship further cements InstaReM‘s position as a leading provider for cross-border transactions. With InstaReM, KBank clients will be able to realize faster turnarounds, while providing certainty on delivery times and payout amounts.”

Adding more on this, KASKIORNBANK’s Senior Executive Vice President, Mr. Silawat Santivast said that “This is an important partnership for KBank at an exciting stage in our evolution. We are continuing to expand our cross-border payment capabilities into key markets across the world, as we are witnessing increasing demand from our customers. We are confident that InstaReM’s services will complement our offering and further strengthen our capabilities in serving our clients.”