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Bank of Thailand to limit daily transfers to 50,000 baht to curb fraud and protect consumers
TUESDAY, AUGUST 19, 2025
Bank of Thailand plans to limit daily transfers to 50,000 baht to reduce fraud risks and protect consumers from scams, with new measures in place by 2025.
Lao, Thai banks launch international partnership.
MONDAY, FEBRUARY 10, 2025
The Agricultural Promotion Bank (APB) and the Bank of Agriculture and Agriculture Cooperatives (BAAC) have launched a money transfer service between Thailand and Laos to assist Lao nationals working in Thailand.
DeeMoney partners with Alipay and WeChat for seamless cross-border remittance to China
FRIDAY, MARCH 01, 2024
DeeMoney, a leading cross-border money transfer platform, announced a major partnership today with Alipay and WeChat (Weixin), China's dominant digital wallets, to offer seamless remittances to Chinese consumers.
DeeMoney partners with SCB to facilitate secure cross-border money transfers, expanding access to the Myanmar market
TUESDAY, NOVEMBER 07, 2023
Sawasdee Shop Co., Ltd., operating as a fintech company, introduced the DeeMoney platform, a robust Thai cross-border transaction system supporting over 26 currencies across 50 countries globally.
Nurse accused of transferring money from account of comatose Covid patient
MONDAY, SEPTEMBER 06, 2021
A nurse at a private hospital used a comatose patients smartphone to transfer cash from his account, a post on Facebook alleged.
Krungsri launches real-time money transfer between Thailand and Laos
WEDNESDAY, OCTOBER 14, 2020
Krungsri (Bank of Ayudhya) has joined with Lao Development Bank to launch Krungsri-LDB Global Transfer, a service for real-time money transfers between Thailand and Laos.
PromptPay computer error causes frenzy on last day of 2017 as transfers fail
SUNDAY, DECEMBER 31, 2017
A TECHNICAL glitch knocked out the popular PromptPay money transfer service for seven hours yesterday morning, causing frenzies on social media, especially among people waiting for money transfers on the last day of 2017.
Xpress Money seeks to handle more remittances via more banks
FRIDAY, JULY 01, 2016
XPRESS MONEY, a global money-transfer company, plans to collaborate with more Thai banks and expand its networks in several other countries to increase the number of remittances it handles going into and out of Thailand, said its chief operating officer S