SET, Four Banks Tie Up For Swift Service

The Stock Exchange of Thailand has teamed up with four banks for the Swift corporate action news service to members of Thailand Securities Depository Co.

The Stock Exchange of Thailand (SET) has teamed up with four banks for the Swift corporate action news service to members of Thailand Securities Depository Co., Mondo Visione reports. The banks include HSBC Thailand, Standard Chartered Bank (Thai), Bangkok Bank and Citibank Thailand. The banks will provide Swift messages beginning from this month. The transmissions include news on dividend payments, recapitalization and book closing for shareholders’ meetings, and will help depositary members boost liquidity and increase business opportunities.

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