Showing 1 - 10 of 12
Bank of Thailand takes closer look at large cash transactions
Business, Somruedi Banchongduang, Published on 12/02/2026
» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.
BoT plans to issue new gold trading measures
Somruedi Banchongduang, Published on 29/01/2026
» As part of efforts to reduce currency volatility and prevent a sharp appreciation of the baht that could affect the economy, the Bank of Thailand plans to cap daily gold trading in baht on digital platforms at 50 million baht.
New baht banknotes scarce ahead of Chinese New Year
Business, Somruedi Banchongduang, Published on 27/01/2025
» Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes.
Older banknotes pushed for occasions
Business, Somruedi Banchongduang, Published on 25/06/2024
» The Bank of Thailand has requested consumers use banknotes that are already in circulation to mark special occasions rather than demanding newly printed ones to allow for the longer time frame that banknotes are now in circulation.
1% credit card fee remains on hold
Business, Somruedi Banchongduang, Published on 04/05/2024
» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.
Central bank to issue 20-baht polymer banknotes in March
Business, Somruedi Banchongduang, Published on 21/01/2022
» The Bank of Thailand plans to start issuing 20-baht polymer banknotes on March 24.
Central bank poised to launch Retail CBDC
Business, Somruedi Banchongduang, Published on 03/04/2021
» The Bank of Thailand is scheduled to launch the Retail Central Bank Digital Currency (CBDC) by the second quarter next year, allowing Thais to access more convenient and secure financial services.
KBank makes most of digital channel services
Business, Somruedi Banchongduang, Published on 23/04/2020
» Kasikornbank (KBank) aims to get a 37% surge in online financial transaction volume through its mobile banking app KPlus to 11.6 billion this year after tallying 700 million in the first quarter as the lockdown increased demand in the digital channel.
Digital banking surges in sea change
Business, Somruedi Banchongduang, Published on 14/04/2020
» The pandemic has ravaged businesses and forced social distancing, spiking demand for remote and digital services as well as online banking.
SCB Easy gains 10,000 new accounts in 3 days
Business, Somruedi Banchongduang, Published on 08/04/2020
» Social distancing to contain coronavirus spread and the government's cash handouts to help Thais are giving a boost to online banking, with more than 10,000 new customers opening accounts through Siam Commercial Bank's mobile banking app SCB Easy in three days.