Hua Seng Heng and KBank launch gold trading via K PLUS

Khaosod•Economy•2d ago

Reader Briefing

Hua Seng Heng and Kasikornbank enable USD-based gold trading through the K PLUS application.

•Hua Seng Heng and Kasikornbank have partnered to allow gold trading in US Dollars (USD) on K PLUS.
•The service allows real-time online trading of 99.99% and 96.5% gold starting at 10 USD.
•Users must open a K PLUS Global Savings account to facilitate currency exchange and trading.
•Investors can also perform DCA gold savings in Thai Baht for 96.5% gold with physical withdrawal options.

Overview

•Hua Seng Heng and Kasikornbank launched a gold trading service using US Dollars (USD) on the K PLUS application.
•The minimum investment for USD gold trading on K PLUS starts at 10 USD with no trading fees.
•Users can trade 99.99% and 96.5% gold in real-time via the K PLUS Global Savings account.
•US Dollars held in the K PLUS Global Savings account receive a deposit interest rate of up to 2.25% per year.
•Thanarat Pasawong stated that Hua Seng Heng aims to develop investment experiences by partnering with strong technology and customer base partners.
•Investors can accumulate 96.5% gold via DCA in Thai Baht and withdraw physical gold at Hua Seng Heng branches or via Thailand Post.
•The cooperation integrates online and offline services to make gold investment more accessible for all customer groups.

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Key Quotes

Thanarat Pasawong

"Currently, the form of gold investment has changed significantly from the past; investors are looking for channels that meet the needs of convenience, security, and diversity."

ปัจจุบัน รูปแบบการลงทุนทองคำเปลี่ยนไปจากอดีตเป็นอย่างมาก นักลงทุนมองหาช่องทางที่ตอบโจทย์ทั้งความสะดวก ความปลอดภัย และความหลากหลาย

Thanarat Pasawong

"This cooperation is considered an important step in upgrading the gold investment experience through a digital platform that customers are well acquainted with."

ความร่วมมือในครั้งนี้ถือเป็นก้าวสำคัญในการยกระดับประสบการณ์การลงทุนทองคำผ่านแพลตฟอร์มดิจิทัลที่ลูกค้ามีความคุ้นเคยเป็นอย่างดี

Key Entities

Organization

Hua Seng Heng(ฮั่วเซ่งเฮง)

A gold trading company that partnered with Kasikornbank to offer gold investment services via K PLUS.

Kasikornbank(ธนาคารกสิกรไทย)ℹ️

A bank that provides the K PLUS application and K PLUS Global Savings account for gold trading.

Thailand Post(ไปรษณีย์ไทย)ℹ️

The postal service used for delivering physical gold to customers' homes across all provinces.

Person

Thanarat Pasawong(ธนรัชต์ พสวงศ์)

Chief Executive Officer of Hua Seng Heng Group.