Showing 1 - 10 of 108
Foreign currency deposit accounts skyrocket
Business, Somruedi Banchongduang, Published on 20/06/2025
» Foreign currency deposit (FCD) accounts have grown rapidly, driven primarily by individuals, especially younger depositors seeking higher returns.
The essence of Thailand in one phrase
Oped, Published on 05/06/2025
» The glossy brochures tell you it's "The Land of Smiles" or maybe it's just "amazing". Slightly more sophisticated takes suggest the essence of Thailand can be found in its unique expressions of showing consideration to others in the context of a hierarchy.
Bangkok Bank cracks down on foreigners’ accounts
Gary Boyle, Published on 29/05/2025
» Bangkok Bank has adopted stricter requirements for opening new accounts in Thailand for foreign customers, affecting tourists and potentially any expats who do not hold long-term visas.
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.
Ban on transactions from mule accounts imminent
Business, Somruedi Banchongduang, Published on 06/02/2025
» The banking industry is set to implement a ban on financial transactions involving mule accounts in March, in compliance with the Bank of Thailand's (BoT) directive.
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.
Another bogus crypto trading scheme exposed
Online Reporters, Published on 10/01/2025
» A former inmate who claimed to be a well-known politician to lure a woman into investing in a bogus cryptocurrency scheme, leading to losses of 22 million baht, has been arrested in Phuket.
Low Spreads vs. Low Costs: The Difference Every Trader Must Know
Published on 20/12/2024
» In the world of trading, low spreads are often touted as a sign of cost-effectiveness. However, the reality is that spreads are only one component of your overall trading expenses. Other hidden fees and transaction costs can significantly impact your profitability. Even if you excel at identifying precise entry and exit points, neglecting these additional costs could undermine your goals. Understanding the full spectrum of trading costs is essential for effective strategy planning and better financial outcomes.
Krungthai Unveils Global Savings Account for Smart Transactions
Published on 12/12/2024
» Krungthai Bank, Thailand’s leading commercial lank, is taking international banking to new heights with the launch of its Global Savings Account, designed to meet the needs of customers engaging in foreign transactions. This all-in-one account combines the convenience of global currency deposits, attractive interest rates, and competitive foreign exchange (FX) rates, making it ideal for anyone looking to manage investments, money transfers, and spending in multiple currencies.
UOB Thailand Launches Money Lock for Enhanced Security
Published on 08/10/2024
» UOB Thailand has become the first foreign bank to introduce UOB Money Lock, a new security feature designed to safeguard customers’ deposit accounts from unauthorised online transfers.