"banknotes"

The Bank of Thailand has distributed new THB20 banknotes made of polymer aimed at preventing forgery, the BOT announced.

The Bank of Thailand (BOT) has prepared billions of extra baht for the upcoming Chinese New Year festival, said Somboon Chitphentom, assistant governor of BOT’s Banknote Management Group.

The Bank of Thailand (BOT) was forced to defend its Coronation banknotes again on Monday after more public complaints about the bills commemorating the crowning of King Rama X in 2019.

The Bank of Thailand (BOT) has responded to criticism of its recently issued commemorative Bt1,000 and Bt100 banknotes, insisting they have high standard anti-counterfeiting features and are easy to tell apart.

The Bank of Thailand (BOT) said on Thursday it has been granted royal permission by His Majesty King Maha Vajiralongkorn to print commemorative banknotes to mark his coronation last year as King Rama X. The commemorative banknotes will be issued on December 12, marking the anniversary of the Royal Barge Procession, and are intended to be part of the national historical record, said the BOT.

A grandmother in Rayong’s Mueang district on Tuesday got Bt117,000-worth of banknotes that had been partially eaten by termites back from police, a week after she had dumped them in a garbage bin.

An Indian man was arrested by police in front of a money exchange kiosk in Pattaya on Sunday morning for allegedly trying to exchange fake dollars for Thai baht.

Sixty-nine-year-old Orawan Sangkij, who recently rediscovered Bt20,000 of deteriorating cash that she buried in her backyard a decade ago and forgot about, said she would deposit whatever she got from the damaged banknotes in a bank account.

Bangkok Bank has issued another batch of 800,000 Bt 100 commemorative banknotes to distribute to people at its branches nationwide on the auspicious occasion of His Majesty the King’s seventh-cycle birthday on December 5, 2011.

Hundreds of people queued up since 2am Tuesday at Government Savings Bank Headquarters in Saphan Kwai to get commemorative banknotes of His Majesty King Bhumibol Adulyadej.

FEEL THE PAPER, tilt the note and check it with a good light. That’s the recommendation currency expert Michael Lambert offers to people who want to check if their US banknotes are fake or genuine.

HONG KONG - Regulators across Asia are staying away from large-denomination bills and, whenever possible, moving toward cashless alternatives.