Thai central bank studies option of virtual banking licences


Banking services in Thailand have changed a lot because now people prefer using mobile banking options and have cut down on the use of ATM machines. - Bloomberg

BANGKOK (The Nation/ANN): Bank of Thailand’s deputy governor Ronadol Numnonda said the central bank is studying the pros and cons of virtual banking now that central banks in other countries have granted licences for digital banking.

Banks in Europe, Singapore and Malaysia already offer customer services via virtual banking platforms.

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Thailand , banks , licences , virtual

   

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