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Superrich to double exchange outlets to over 25

WEDNESDAY, MARCH 08, 2017
Superrich to double exchange outlets to over 25

Money exchange provider Superrich Thailand has announced a five-year business plan to double its exchange outlets to more than 25.

The expansion plan is aimed at cashing in on the growth of the tourism industry, which could reach about Bt2.7 trillion in total revenue in 2017.
Thanattzalin Susamawathanakun, the company’s managing director for corporate development, said an influx of travellers with premium tour packages was expected to spur demand for foreign exchange services and the company's income.
Superrich Thailand’s exchange transactions last year reached Bt77 billion. The money exchange market in Thailand grew 26 per cent last year to Bt420 billion.
Thanattzalin said that Superrich Thailand operates 14 money exchange outlets, 13 of them in Bangkok and one at Phuket International Airport.
“We plan to open about three new outlets this year with the latest one to be opened in March at Future Park shopping complex in Rangsit,” she said.