Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.
January 3, 2022The participating banks include DBS, OCBC, UOB, Bangkok Bank, Kasikornbank, Krung Thai Bank and Siam Commercial Bank.
April 30, 2021The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.
April 3, 2021Leveraging IBM blockchain technology, Bank of Thailand's platform reduces a process that previously took 15 days to two days.
October 7, 2020The new scripless bond platform enhances investors’ buying experience, improves operational efficiency and reduces overall cost, the BOT said.
September 11, 2020The preliminary licences were awarded to three Korean banks, two Taiwanese banks, one Hong Kong bank and one Thai bank.
April 13, 2020New payments connectivity between the two countries is expected to promote trade, tourism, financial inclusion, and the usage of local currencies in cross-border transactions.
February 20, 2020Six banks will open online deposit accounts digitally, using facial recognition to verify customer identities against information held in the new National Digital ID platform.
February 7, 2020Foreign banks that have had a representative office in Myanmar for at least three years can apply for a branch licence or a subsidiary licence.
January 20, 2020Phase 2 used smart contracts to automate bond lifecycle events, and introduced pre-validation to reduce error and fraud in funds transfers. Phase 3 will be a joint effort with the HKMA.
July 22, 2019