News

Banks hesitate in rush to cashless era

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. The Bank of Thailand and local banks have been promoting digital payments in their ...

Bangkok Post Reporter

BOT gives advice on disinfecting cash

The Bank of Thailand (BOT) has advised people on how to clean banknotes and coins to ensure they are not contaminated with Covid-19 virus.The BOT said that people could disinfect the notes by soaking them in soap solution or dishwashing liquid for a short period. ...

The Nation Reporter

Thai, Laos financial institutions cooperate to expand Digital Payment system

Mr. Bancha Manoonkulchai, senior director of the payment system policy division, Bank of Thailand (BOT), has disclosed that the development of digital payments and the linkage of Thai payment systems are growing with currently 49.5 million PromptPay registered users through various channels, with average daily ...

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