Banks reserve billions for cash withdrawal
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Thai banks have announced their cash management plan in preparation for withdrawals during the New Year holiday period which will run from December 31 through January 3.
Leading the way is Bangkok Bank which is stocking up Bt60 billion in cash. The bank operates 10,000 ATMs nationwide. Meanwhile, its 300 micro branches in shopping malls will be open for business every day during the period.
Kasikornbank announced that it would reserve cash worth totally Bt32 billion, Bt14.5 billion lower than last year.
Of total, all 9,300 ATMs would be filled up with cash worth Bt19 billion. Of total, Bt7 billion would be for ATMs located in the Greater Bangkok.
