Showing 1 - 10 of 30
New ATM licences to expand availability
Business, Somruedi Banchongduang, Published on 04/10/2025
» The Bank of Thailand plans to introduce new business licences for white-label automated teller machines (ATMs) next year.
Regional banking boost for Krungsri
Business, Somruedi Banchongduang, Published on 04/03/2025
» Krungsri (Bank of Ayudhya) reported its regional banking business accounted for 20% of total revenue, primarily attributed to high-yield loan products.
PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
BoT zeroes in on cash transaction fees
Business, Somruedi Banchongduang, Published on 02/05/2023
» As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.
Banks hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.
Cardless deposits banned at kiosks
Business, Somruedi Banchongduang, Published on 19/10/2022
» Depositors will only be able to use plastic cards at cash deposit machines (CDMs) under the Anti-Money Laundering Office's (Amlo) new regulations.
Banks' transaction crash rate down in Q2
Business, Somruedi Banchongduang, Published on 05/08/2020
» The banking sector continued to endure transactional crashes in the second quarter, albeit at a lower rate, as transaction volume surged.
Bank of Thailand readies rejig of fees
Business, Somruedi Banchongduang, Published on 11/02/2020
» The Bank of Thailand plans to implement practice guidelines to regulate financial institutions' fee charge calculation for products and services in the third quarter as part of a push for a fairer fee structure, a senior official says.
New rules on fees seek cost fairness
Business, Somruedi Banchongduang, Published on 08/01/2020
» The Bank of Thailand is requiring financial institutions to adjust prepayment charges for small and medium-sized enterprise (SME) and personal loans and late-payment fees for SME, personal and mortgage loans based on actual costs, with immediate effect.
Thai Bankers' Association studies methods to outsource white-label ATMs
Business, Somruedi Banchongduang, Published on 25/12/2019
» The Thai Bankers' Association (TBA) plans to allow a third party to manage white-label ATM operations, a pool ATM service run by non-bank firms instead of individual banks, to cut the banking system's operating costs.