Showing 1 - 10 of 25
Auto lease adjustment causes a kerfuffle
News, Somruedi Banchongduang, Published on 10/06/2025
» Auto leasing business operators have shown varying levels of readiness to comply with the Bank of Thailand's regulations following a recent amendment to a royal decree on auto hire-purchase businesses.
Bangkok Bank tightens account rules for some foreigners
Published on 28/05/2025
» Bangkok Bank has adopted stricter requirements for opening new deposit accounts in Thailand for foreign customers, affecting tourists and potentially any expats who do not hold long-term visas.
BoT clamps down on mule accounts
Business, Somruedi Banchongduang, Published on 31/01/2025
» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Banks share data with Bank of Thailand to combat fraudulent mule accounts
Somruedi Banchongduang, Published on 02/09/2024
» The banking industry has introduced data-sharing through a new Central Fraud Register (CFR) system to intensify efforts to crack down on so-called mule accounts.
Central Group rolls out QR code payments for tourists
Business, Published on 26/07/2024
» The Central Group of companies, including Central Retail Corporation, Central Pattana, and Centara Hotels and Resorts, have partnered with the Bank of Thailand and six leading commercial banks to provide a cross-border QR payment service for tourists.
Scam losses ‘topped B60bn in last two years’
Published on 13/06/2024
» The Bank of Thailand is stepping up a crackdown on so-called mule accounts used in online financial fraud after bank customers lost more than 60 billion baht to such scams in the past two years.
Cross-border QR payments with India set to begin in Q3
Business, Somruedi Banchongduang, Published on 29/04/2024
» The Bank of Thailand is gearing up to launch QR code cross-border payments between Thailand and India by the third quarter of this year, with plans to extend the system to become a multinational payment network spanning Asia.
Digital money handout to be delayed
Post Reporters, Published on 19/10/2023
» The government cannot hand out 10,000 baht in digital money to people on Feb 1 as planned earlier because it will take longer to develop a secure system, according to Deputy Finance Minister Julapun Amornvivat.
BoT maintains reserves remain solid
Business, Somruedi Banchongduang, Published on 16/09/2022
» The stronger dollar has weakened the Bank of Thailand's international reserves, but the central bank says the country's external position and financial stability remain strong.