When conducting cross-border wire transfers, the correct bank identification code is crucial. KRTHTHBKKNM , the SWIFT/BIC code for Thailand’s prominent financial institution—Krung Thai Bank Public Company Limited—ensures that funds reach their destination securely and efficiently. Whenever initiating a transfer to this bank in Bangkok, Thailand, using KRTHTHBKKNM is essential.
SWIFT/BIC codes typically consist of 8 to 11 characters and are specifically designed for international financial transactions to identify banks and their branches worldwide. KRTHTHBKKNM serves as a fundamental requirement for international wire transfers. Choosing this bank ensures that funds are delivered within three business days. For example, if you transfer $10,000.00 USD to France, the recipient would receive €8,484.00 , providing a clear and transparent conversion standard.
Numerous details must be considered during the wire transfer process, and confirming the correct SWIFT/BIC code is critical to ensuring accuracy. Before completing a cross-border transaction, always verify that the SWIFT code matches the recipient’s bank to avoid errors and delays. For individuals and businesses engaged in international money transfers, understanding and confirming the correct SWIFT/BIC code is not only a key risk-mitigation measure but also a vital step in completing transactions successfully.
Given its role in safeguarding funds, KRTHTHBKKNM is a critical element that should not be overlooked.