ASEAN
Association of Southeast Asian Nations
ASEAN is a regional organization of Southeast Asian countries that promotes economic and financial integration. It is frequently used in banking to describe operations across the region.
ASEAN includes economies such as Singapore (SGD), Malaysia (MYR), Thailand (THB), and Indonesia. The region has diverse payment systems and growing adoption of real-time rails.
Related Terms
APAC
Asia-Pacific
APAC is a regional designation referring to the Asia-Pacific region, commonly used in business and b...
SGD
Singapore Dollar
SGD is the official currency of Singapore. It's one of the strongest and most stable currencies in A...
MYR
Malaysian Ringgit
MYR is the official currency of Malaysia. It is issued by Bank Negara Malaysia and is subdivided int...
THB
Thai Baht
THB is the official currency of Thailand. It is issued by the Bank of Thailand and is subdivided int...
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