Bank of Thailand Tightens Controls on High-Value Cash Property Purchases
BANGKOK – The Bank of Thailand is stepping up its fight against illegal financial activities by proposing new rules to monitor massive cash transactions. Under these new plans, commercial banks will need to closely examine customers who buy expensive real estate using physical cash. Officials want to make sure the banking system stays safe from […] The post Bank of Thailand Tightens Controls on…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
