Bangkok Bank unveils financing service for gold traders

It has partnered with InterGold Gold Trade Co. to launch an online lending service to gold traders.

Bangkok Bank is launching a financing service for gold traders.

In an announcement posted on its website, the Thai bank said that it has joined the InterGold Gold Trade Co., Ltd. in launching “Supply Chain Finance.”

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The online service will provide gold traders access to full funding sources, with the aim of helping increase their working capital to trade gold.

The service offers high credit limits and special interest rates. Customers will also be able to make secure, fee-free credit withdrawals 24 hours a day, Bangkok Bank said.