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Publication article
2 September 2015
Effective Monday 3 March 2008, all foreign currency loans are fully exempt from the Bank of Thailand’s 30% Unremunerated Reserve. The Bank of Thailand has issued its “Notice of the Competent Officer (No 17)” to all authorized financial institutions...
Publication article
2 September 2015
Effective 18 December 2007, small foreign currency loans are fully exempt from the Bank of Thailand’s 30% Unremunerated Reserve Requirement (“URR”). Small foreign currency loans are those loans obtained from authorized financial institutions, from...
Publication article
2 September 2015
Administration The Bank of Thailand is charged with administering the exchange control laws prescribed in the Exchange Control Act and Ministerial Regulation No 13. All foreign exchange transactions are to be conducted through authorized financial...