We are now working on making it possible to perform direct deposits to your Kbank Thailand bank account and later other banks within Thailand as well.

To begin with we will limit the amount you can transfer as we don't as yet have KYC built into our stellar.org federation system. But it will be possible to move as much as 2000 THB with direct deposits from your stellar THB asset to any already existing Kbank account within 30 seconds of sending the transaction. The added fee will only be about 12 baht per transaction (about 0.30USD).

The software needed for this will also make it possible for most any of our franchise sites with other assets currencies to do the same in local banks all over the world.

The transactions setup will simply be pointing at a kbank account in federation like scott_carlson_56234566*funtracker.site. The asset sent must be THB and the account at Kbank must exist. If the account fails to be found or the funds fail to be deposited into the account for any reason the funds would be returned to sender.

Later when we get integrated KYC (Know Your Customer) built into federation it should make it possible to move larger amounts of money from most any point on the planet direct to another affiliated branch direct to a fiat bank on the other side just as easy as sending XLM from one person to another.