Central Banking

Thai interbank platform starts ‘bulk payments’

Upgrade will increase operability between systems, company says

Bank of Thailand
Photo: George Johnson

Thailand’s National Interbank and Transaction Management and Exchange (ITMX) platform announced it can make real-time “bulk payments” after going live on a new platform.

The platform, which has been created by payment service provider ACI Worldwide, will also increase operability between payment systems, ITMX said. The new platform has been integrated into the systems of all 33 users of the ITMX.    

National ITMX, which was established in 2005, is owned by Thailand’s largest commercial banks

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