RemitAid Inc. (Headquarters: Shibuya, Tokyo; Representative Director: Hiroyuki Ogawa; hereinafter "the Company"), a company dedicated to "creating a new path for international payments through technology" and providing overseas payment infrastructure, announces the addition of Thailand to its supported currencies and countries for local bank account setup via its international payment platform "Rakuyasu Settlement Transfer." With this update, businesses using the service can now receive payments in Thai Baht (THB) and utilize local Thai bank accounts that can be shared with Thai trading partners. This enables overseas partners to make payments similarly to domestic transfers within Thailand, allowing Japanese companies to conduct transactions with Thailand more efficiently—reducing typical burdens associated with traditional bank wire transfers, such as high fees, uncertain payment arrival times, and manual deposit verification. Overview and Value of Thai Baht Support "Rakuyasu Settlement Transfer" enables Japanese companies to receive payments from overseas partners using local bank accounts—without establishing a local subsidiary or branch office abroad. With this service expansion, companies can now issue local Thai bank accounts to share with their Thai partners, enabling direct receipt of THB-denominated payments. Traditional international wire transfers often involve multiple fees—including currency exchange and intermediary bank charges—as well as cumbersome procedures for both sender and recipient, long and uncertain processing times, and operational inefficiencies. By using local accounts, overseas partners can make payments as if they were domestic transfers, significantly improving ease of payment. Japanese companies also benefit from clearer and more efficient deposit tracking. This is particularly valuable for businesses engaged in continuous exports to Thailand or those working with local distributors and corporate clients, as it reduces the administra