ABOUT A&B MONEY

We began our journey in a small room in Thailand, inspired by a simple but important idea: helping Thai people living abroad manage foreign exchange more efficiently when converting Thai Baht.

From the very beginning, our focus has been on offering a more cost-conscious alternative to traditional high-street banks and major money service providers. We aim to provide competitive pricing and exchange rates, alongside a service designed to be clear, accessible, and available in the Thai language for customers in the UK.

We established A&B General Group (Thailand) Ltd, which is used solely for payment processing and operational support activities in Thailand.

We are building our dream business with a strong emphasis on compliance, customer understanding, and continuous improvement, ensuring our operations remain aligned with both customer needs and regulatory expectations.

We established A&B General (UK) Ltd in London, England under Financial Conduct Authority (FCA) authorisation, providing foreign exchange and currency exchange services. This marked the beginning of our journey as a Thai-owned FX broker operating in the UK.

We operate under the trading name “A&B Money”, a name widely recognised by our customers. Over time, we have developed our services based on customer feedback to better meet their needs and improve the overall experience.

This marked the beginning of our journey as a Thai-led FX broker in the UK.

In 2010 our main competitors like Western Union and Money Gram offered us interesting terms to become their “Sub Agent”. Although we were very small at the time, we politely refused — because we always wanted to stand by ourselves.

From our honesty, endurance and hard work, the company grew rapidly, and by 2011 the name “A&B Money” became the talk of the town regarding FX services amongst Thai communities around the UK.

Due to the financial crisis in Europe and the UK’s inflation problem in 2013, the government introduced tougher rules for FX businesses, resulting in the closure of as many as 300 related companies.

With hard work we avoided being scrapped by the tougher regulations. The regulator even complimented our self-built system and praised the way we worked on anti-money laundering checks and our database.

We have grown to be No.1 UK-Thailand FX Broker Company with the total market share of 53.25% and more than 2 billion THAI Baht of total transferred value in 2014. We became an Authorised Payment Institution (API) with a MSB account under the HM Treasury and later were awarded ‘’Best UK-Thailand FX Broker Company” in 2015. And we are planning open a company in Germany in 2016 and many more countries in the near future to in order to serve the needs of Thai people around the world and helping them saving money on FX.

We won two of the year’s biggest finance awards — “The Best Money Transfer Europe/Thailand 2017” from Wealth & Finance Award 2017, and Global 100 Most Sustainable Corporations in the World.

With three years of success, we decided to move into becoming an account provider — the highest point in the financial sector — opening GBP and EUR accounts for 33 nationals within the EU under the name “A&B Money Plus”.

We transformed from a “money transfer service” to an “account service provider”, entering the market in both the UK and Europe by utilising the customer base we had built since 2010.

We launched the online account service to a warm welcome from consumers in the UK and Europe — and were nominated for the Global 100 for the fourth consecutive year.

We provide Digital Banking under an Authorised Electronic Money Institution licence (AEMI) by the FCA — a multi-currency account for both personal and business use, equipped with a Mastercard debit card for worldwide payment.

A&B Money grew more than 36.45%, ending one month (September) at £8.44 million turnover and breaking last year’s record. We developed up to 35 currencies and payments to 200 countries worldwide.

After 14 years of continuous growth, AB PLUS invested in acquiring its own headquarters building in Greenwich, London, marking a major long-term milestone for the business.

The new headquarters supports future expansion and service quality improvements across both corporate partnerships and individual customer services.

AB PLUS established a strategic partnership with Kasikornbank to enhance transfer and payment capabilities to bank accounts across Thailand with 24/7 availability.

We also strengthened collaboration with UK partners in payment infrastructure, risk management, and compliance controls to support higher operating standards.