A&B MONEY ACTIVITY
2008 - 2021
… We started from just little idea in a small room which the idea just to service all Thais who live in UK. We are regulated our firm in Thailand in order to put all ideas into commercial bank meeting. Bank also fulfilled our little dream to come true.
… We started our business from just a mobile and a laptop. We created network system and used instantly program in order to collect all customers information and to make trust in our new small company which was really hard to do.
… We are regulated our firm in UK for money remittance permission with HMRC and FCA (SPI Licence). Our firm located in London, UK and came into the first legally money transfer business for Thais in the UK which we co-worked with HSBC.
... Back then everything was simple, clients could transfer money via bank transfer and cash. We grew up slowly from first small group of clients and change to bigger.
... Then we developed our KYC and AML in order to relate with the bigger group of clients. We worked really hard to give all Thais clients the knowledge about how to send money to Thailand under UK financial regulation. We were invited in SAB Miller Project with other money remittance companies under FCA
... We tried to approach to all market groups by join into all Thai events across the UK. From activities we could get close to all customers’ needs and customers’ problems which we can develop our services and products.
SAB Miller Project
A&B Money Marketing 2010
CHISWICK THAI FESTIVAL Opening by
Mayor of London & Thai Ambassador
DOO TV MEDIA – THAI CHANNEL TV IN UK
… We put many marketing campaigns into the market i.e. we gave away free voucher £200 dinner at Thai Square.
… In order to ensure that we can efficiency transfer our client’s funds, we co-worked with many different kinds of business such as Singha beer company, Travel agencies like West East travel and Best deal flight, Thai square restaurant.
Opening by Mayor of Manchester
Free Return Ticket to Thailand from A&B Money
Free Voucher £200 Dinner at Thai Square from A&B Money
... we started marketing together with Chang beer company to all
… Free I-Pod in Songkran activity / Get Gold activity - We had promotion to discount the fee which call “12 months 12 events with A&B Money” through our Facebook and Website
Like & Share Facebook activity
Thai concerts across the UK for example Caraboa band
… We helped Thai temple to advertise Thai temple’s activities and donated fund to support all events for example Mr Rew the six-sense
… We join with Buddhist event with Monk Vorn Vachirametee to donate fund to Buddhist association
… We expanded branch in Chicago in order to get FinCen Licence. Surprisingly we were the first money transfer company for Thais in US. And we had good response from Bank of America and we could run the money transfer business in US.
LIFE IS SO SHORT
We join with Buddhist event with Monk Vorn Vachirametee
We helped Thai temple to advertise and Mr Rew the sixth-sense
… To expand our market and turn profit back to clients, we always have activities on every special event by giving away Gift Voucher from all top brand supermarkets such as Tesco, M&S, Sainsbury and Waitrose.
We collected all strength points from other money transfer companies to create the new way of money transfer service in order to provide the best money transfer service to our clients.
New Product : Reward Rate / Fast Track / Fix Rate
Marketing Campaign: Gift Voucher & Discount
We support Thai Sport Club
... We have been recognised by Thais in UK. This brought the Thai channel 5 reporter and I-Asia Magazine reporter came to interview us as we are the first Thai company which provide money transfer service for Thais in UK.
... In order to provide services and advisements to Thais in UK, we have been invited from Thai business in UK association in conference meeting to share the information and resolve all problems. Moreover, we were delighted and honoured to receive gift from her Royal Highness Princess of Thailand Chulabhorn.
…. At the end of year 2015, we have been chosen to be the best money transfer service UK/THAILAND 2015 and received award from AI – Award Intelligence business.
THE BEST MONEY TRANSFER UK/THAILAND
Meet Her Royal Highness Princess Chulabhorn
Songkran Festival at The Buddhapadipa Temple, London 2015
Thai channel 5 reporter and I-Asia Magazine
The Best Money Transfer UK/THAILAND award 2015
… We have been accepted from FCA to regulate in API Licence. So we can control the large fund of 38 million euros (1.44 billion THB) and we can proceed all transactions across SEPA which is more than 31 countries. Also, we have been connected with the bank system in 10 countries.
... We have been invited from Bank of Thailand to demonstrate all financial system and risk management of transferring fund to Thailand which is the large amount of 1.75 billion THB per year. At this time, we applied for the money transfer licence in Thailand and we expect this to be done in next coming 2017.
… Apart from UK and Thailand, we were starting to new branch in Berlin Germany. We have co-worked with the top Thai money transfer company in Germany call Asia Foodland in order to provide money transfer service to roughly 60,000 Thais in Germany.
… We have been started to expand another branch in Stockholm Sweden to provide money transfer services to roughly 40,000 Thais. We have been succeeded with Finansinspektionen (FI) to receive the licence. We are able to co-work with Handelsbanken Bank in Sweden.
… We have been developed our website to enable to connect in B2B system in order to directly connect with bank and connect E-Com system in Card payment system by computer website and mobile for 7/24.
... At the end of year 2015, we have been chosen to be the best money transfer service UK/THAILAND 2015 and received award from AI – Award Intelligence business.
… At the end of 2016, we have been chosen to be the best money transfer THAI/UK for second time continually from The Wealth & Finance international (The CPD Certification Service) and our company has been recorded in this magazine and received the award trophy from them.
A&B MONEY GERMANY & SWEDEN
A&B Money Office in Berlin, German
Stockholm Thai Festival Park, Sweden 2016
… In UK, we continually launched marketing campaigns i.e. Body slam rock Thai concert event and Jintara folk Thai concert event.
Modify new website and connect in B2B and E-Com
… In order to provide more efficiency services to our clients, we have to move on to bigger office branch in London. We have more efficiency server system and hire more professional staffs.
… After successful processing with the new branch in Germany, we had exhibited our company’s services in all events in Germany and UK such as Buddhaviharn Temple in Berlin, Buddhaprateep Temple in Wimbledon UK and Buddhatarama Temple in Leyton UK.
SongKran Event at Thai Temple
A&B MONEY GERMANY 2017
A&B Money Plus 'The first Thai Account provider'
A&B Money Plus Debit Card under power of MasterCard for worldwide payments.
A&B Money Plus Launch the grand opening at Novotel in London, Nov 2018 for announce the banking system.
We became the first Thai account provider with secured funds in Global Bank standard.Global 100 Award 2018
The Best Money Transfer UK/THAILAND
2019A&B Money Plus Grand Opening
A&B Money Plus The First Thai account provider in the UK and EuropeWe successes the China & Hong Kong Markets under commercial name of Alibaba Group to flowing the corporate line and logistics purchase.
A&B Plus Business Account For all type of your business dream
We stepped into the business account provider and officially launched at the end of 2018 to provide 2 major currencies, the pound and the euro, with an Online account platform and a MasterCard.
We have been selected by Secured Trading, the leading acquirer company in Europe to be an official business partner. In the order to support the financial industry under ‘Fintech & Technology’ for processing via debit/credit card and settle fund to A&B Money accounts system.
We are invited to attend a meeting with the Bank of Thailand. In order to clarify/update the global flows fund, including the AML and data security system.
A&B Money been received honor invitation to joined an evening with ‘BANK OF ENGLAND’ by ‘Rob Elder’ (senior monetary policy committee), The keynote speech from the Bank of England (BOE) about what will happen after 'Brexit' Whether in investment, import-export, real estate, income-tax and inevitably 'Exchange rate' of the pound and the euro
Concluded with the award from Global 100 which dubbed us as 'Leader in international money transfer services And bank accounts of the year 2019’ With the success we have achieved with the Chinese market, business partners with leading card services Including the account system that was officially opened this year, pushing business volume to increase by another 137% from a year ago.
A&B Money Plus Business บุกตลาด MSBs และ PSPs
A&B Money Plus Business aims for MSBs and PSPs market
The majority of 30% volume is from the whole UK Finance industry came from money service business area (MSBs), we are successfully in providing the business account for many business fields i.e. SME, MSBS, FOREX, pawnshop, insurance company and more. Our Bank sector is moving forward in advance under the name of A&B Money Plus.
We prepared the largest factor from Brexit that impact on Banks regulatory loss the power from European zone. A&B Money applied the EEA licenses for ensure to operated and services EEA customer resident.
Finally at the end of year, we decide to make a huge project as for the highest license from FCA. This will change from ‘’Money Transfer ’’ to ‘’Account provider’’ to be named as Authorised Electronic Money Issuer or the authority which provide account under our own account Platform. This will connect with international bank with multi currencies around the world.
The government has announced to lockdown the country twice. We adapt to the crisis which not allow travelling in UK. So our staffs remotely work from home under ISO 14001 standards.
BACK TO HOME
OPEN NEW PLUS ACCOUNT
We provide ‘’Digital Banking’’ service under Authorised Electronic Money Institute license (AEMI) by FCA. Therefore our account service (including with personal and business acount) is equiped with multi-currency account facility and Mastercard debit card. So worldwide payment power is in your hand.
The Challenging in fintech market, we develop multi-currency system upto 35 currencies and digital payments i.e. mobile app and computer payment. With these facility, you can make a payment to 200 countries worldwide.
Under restriction on bank criteria, A&B money need to be approved a typical requirement from the big firm auditor which it accepted by the regulator such as Ocreus Group. So they are the company which inspect the system of each company with universal standard.
Covid-19 wouldn’t be an obstacle on associating with business partners and expanding business market area by using remote working (online meeting).
A&B Money is growing up more than 36.45% and ending turnover in one month (September 2021) at 8.44 million pounds. We break the record from last year of 5.48 million pounds turnover.
Last year at Lockdown circumstance, we develop our marketing into social media platform. We give them ‘’Live show’’ on explaing any queries about baking products.
We create Youtube channel called ‘’A&B Reality’’ to make a little smile and entertain audiences by imitating the money transfer and banking situations.
We are back to fully business when reducing of covid-19 pandemic. We have relaxed time and fresh air at Bournemouth sea shore to fulfil staff energy after fighting against the pandemic.