Central Banking

BoT to ease regulations on e-money settlement

The Bank of Thailand said Wednesday it plans to ease restrictions on interbank electronic money transactions via its Bahtnet settlement system.

Effective January 5, commercial banks will be allowed to use a surplus from their checking transfer system to cover a deficit in the Bahtnet system, central bank spokesman Bandid Nijathaworn said after a meeting between the Thai Bankers' Association and central bank officials. However, in order to do so, the banks will have to deposit a certain amount

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: