Treasury Center (TC) means a company registered in Thailand that is authorized to manage foreign currency for its conglomerate group both in Thailand and overseas. The scopes of TC management are as follows:
- Purchase of obligations or invoices and acting as agents in paying or receiving fund
- Netting of income or obligations
- Purchase, sales, or exchange of foreign currencies and management of exchange rate risk
- Management of liquidity
Authorized Juristic Person
Authorized Juristic Person means commercial banks and juristic persons established by specific law and authorized to transact business relating to foreign means of payment.