Bangkok Bank delays Bt2,000 minimum for digital accounts

12 Sept 11:07 Key points summarised by AI

Bangkok Bank indefinitely postponed its new policy requiring a minimum 2,000 baht balance for 'e-Savings' and 'Bua Luang Extra Digital' online accounts, which was set to begin April 9.
The bank reviewed the policy, acknowledging it could inconvenience customers, despite its initial aim to prevent scammers from using these accounts as 'mule' accounts for fraud.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.