bank-of-thailand Archives

National bank closes application for branchless banking licenses with 5 applicants announcing approval in mid-next year.

Posted byby
3 months ago
0 Comments

The Bank of Thailand has announced the closure of applications for branchless banking licenses and has begun the official licensing process. The list of approved entities is expected to be...

Thai Bank Exchange Database Accounts for Stallions Complete in 1 Month, Totaling 15,000 Entries Added to Registry

Posted byby
4 months ago
0 Comments

The Bank of Thailand and the Thai Bankers’ Association have reported on the progress in exchanging account information through the Central Fraud Registry (CFR). The registry was initiated on August...

National bank tightens reins on horse accounts; uncovering and locking all accounts, correcting horse account rotation. Prepare to enhance services by locking accounts unable to withdraw online.

Posted byby
6 months ago
0 Comments

The Bank of Thailand has introduced measures to combat online fraud, implementing processes to make opening new accounts more difficult and closing accounts faster. Additionally, new services have been launched...

Banking Crisis of Q4 2023: TTB, SCB, UOB Encounter Perplexities on Multiple Occasions

Posted byby
11 months ago
0 Comments

The Bank of Thailand has recently released a report on the statistics of the IT system of the bank. The report specifically focuses on the third quarter of 2023. Among...

Thai Digital Wallet PromtPay Integrates with Hong Kong’s Faster Payment System, Enabling Thai Individuals to Easily Scan and Pay with Major Bangkok Banks – Bangkok Bank, Krung Thai Bank, and Krungsri Bank – Embracing the First Wave of Innovation.

Posted byby
1 year ago
0 Comments

The Bank of Thailand has collaborated with the Hong Kong Monetary Authority (HKMA) to establish a connection between Hong Kong’s Faster Payment System (FPS) and Thailand’s PromptPay. This partnership enables...

National Bank Sets Bankruptcy Standards: Mandates Only Mobile Banking for 8 Hours in Accordance with the Calendar Year.

Posted byby
1 year ago
0 Comments

The Bank of Thailand has announced new criteria for the supervision of technology risk in financial institutions and specialized financial institutions. The key focus is to set standards for Mobile...

The latest month still unaccounted: Recounting the Dismal Quarter-End Report with a Dramatic Decrease

Posted byby
1 year ago
0 Comments

The latest report from the Bank of Thailand reveals that there has been a decline in the banking sector in the most recent quarter, up until September 2023. Overall, the...