Hana Bank Launches Thailand 'Direct Overseas Remittance' Service
[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 10th that it will launch the Thailand direct overseas remittance service on its overseas remittance application (app) ‘Hana EZ’.
Hana Bank’s flagship overseas remittance app ‘Hana EZ,’ launched in 2019, provides services incorporating big data technology and AI algorithms. The countries eligible for direct overseas remittance have been expanded to include Thailand, following Sri Lanka, Nepal, and Vietnam.
The ‘Hana EZ’ app, specialized for overseas remittance, is not restricted by time or location unlike typical overseas remittance procedures, enhancing convenience for overseas residents, international students, and foreign workers. In particular, recent service updates have enabled verification of recipient account validity and real-time transfer status checks, preventing erroneous remittances and receiving great acclaim.
A Hana Bank official stated, “Since its launch, Hana EZ’s direct overseas remittance has been continuously popular due to its convenience,” adding, “The expertise accumulated as a foreign exchange specialized bank is leading to the release of various services and increased customer benefits.”
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Meanwhile, this direct overseas remittance service will initially apply Baht (THB) remittances through a partnership with Bangkok Bank, the largest bank in Thailand, and plans to expand to all banks within Thailand in the future.
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