labels: deposit
The Bank of Thailand reveals that the 5 million baht withdrawal limit has been effective, resulting in a 30% drop in withdrawals. It will continue to enforce the requirement that deposits and exchanges at small banks must disclose the source of funds.
The Governor of the Bank of Thailand revealed that withdrawals exceeding 5 million baht must now include a declaration of the purpose, causing transaction volumes to plummet by nearly 30%. The government will continue to tighten regulations on "deposits and exchanges of small banknotes," requiring disclosure of the source of funds.SKF is ready to follow up on the case of US bank closures, revealing that 90% of depositors in Thailand are fully protected.
A news report from the Deposit Protection Agency (DEP) revealed that Silicon Valley Bank (SVB) and Signature Bank in the United States were closed down. On Friday, March 10, 2566, the Deposit Protection Agency has been closely monitoring the situation.“Will deposits with Virtual Bank be protected or not?” Bank of Thailand answers 17 questions.
Since the Bank of Thailand (BoT) has opened to listen to opinions on guidelines for allowing the establishment of branchless commercial banks (Virtual Bank), many people have questions about whether or not the deposited money will be safe if they deposit money with a Virtual Bank. Will I receive the same protection as depositing money with a normal bank?
