ASEAN

Association of Southeast Asian Nations

ASEAN is a regional organization of Southeast Asian countries that promotes economic and financial integration. It is frequently used in banking to describe operations across the region.

ASEAN includes economies such as Singapore (SGD), Malaysia (MYR), Thailand (THB), and Indonesia. The region has diverse payment systems and growing adoption of real-time rails.

Related Terms

APAC

Asia-Pacific

APAC is a regional designation referring to the Asia-Pacific region, commonly used in business and b...

SGD

Singapore Dollar

SGD is the official currency of Singapore. It's one of the strongest and most stable currencies in A...

MYR

Malaysian Ringgit

MYR is the official currency of Malaysia. It is issued by Bank Negara Malaysia and is subdivided int...

THB

Thai Baht

THB is the official currency of Thailand. It is issued by the Bank of Thailand and is subdivided int...

Need to convert bank statements to spreadsheet format? Try our bank pdf converter to easily export your transaction data to Excel or CSV.

Glossary home

Convert 10 pages free per week.
Try your weirdest statement.

Convert a bank statement PDF free