Thailand’s central bank to introduce rules to limit bank system outages

The Bank of Thailand (BoT) is to issue a new regulation which seeks to put a time limit on commercial banks’ mobile banking app outages, to ease the impacts on…

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Thai Central Bank defends new controls on cash deposits via CDMs

The Bank of Thailand has defended new rules for cash deposits through automated cash deposit machines (CDMs), introduced by the Anti-Money Laundering Office (AMLO). Bank of Thailand’s Payment Systems Policy…

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Central bank increases key interest rate to 1.00 percent effective Wednesday

The Bank of Thailand’s Monetary Policy Committee (MPC) has unanimously voted to increase the key interest rate by 0.25%, to 1.00%, with immediate effect. The central bank said, in a…

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New 500 and 1,000 baht banknotes in circulation from July 28

The Bank of Thailand will put new 500 and 1,000 baht banknotes in circulation on July 28 to mark His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun’s birthday, BoT governor Veerathai Santiprabhob…

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