SCB wins Best Remittances Initiative - Highly Commended award, reflecting its aspiration to create unlimited financial solutions

Siam Commercial Bank (SCB) recently received a Best Remittances Initiative - Highly Commended award at the Retail Banker International Asia Trailblazer Awards 2021 event hosted by leading global financial magazine Retail Banker International. SCB Senior Executive Vice President and Chief of Retail and Business Banking Auraratana Jutimitta noted that the recognition highlights SCB's leadership in digital lifestyle banking, particularly its strong partnership with Ripple, the leading provider of enterprise blockchain and crypto solutions for cross-border payments. As a longstanding partner on Ripple's global financial network RippleNet, SCB has established connections with financial institutions and payment service providers globally. The customers can conveniently send and receive real-time and secure international remittances 24/7, all year round. The award reflects SCB's unlimited potential in developing financial solutions using its digital technology capabilities to answer diverse customer needs. Through partnership with leading global players, SCB can quickly adapt to the changing context of the digital world and maintain robust growth.