The following is issued on behalf of the Hong Kong Monetary Authority:
The Governor of the Bank of Thailand (BOT), Dr Sethaput Suthiwartnarueput, and the Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Eddie Yue, together with their delegations held a bilateral meeting between the two institutions on January 29 in Bangkok.
During the meeting, the BOT and the HKMA engaged in wide-ranging discussions on the use of local currency in cross-border trades, financial digitalisation and fintech, and green and sustainable finance as well as potential initiatives to enhance co-operation between the financial sectors in Thailand and Hong Kong going forward.
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In this occasion, Mr Yue also used the Faster Payment System (FPS) x PromptPay Link to pay for goods and services in Thailand. The launch of the FPS x PromptPay Link since December last year allows users to pay by scanning the Thai PromptPay or Hong Kong FPS QR codes, supporting instant payment to merchants.