bangkok bank
- Technology
Thai bank apps crash on payday causes customer outrage
Siam Commercial Bank joined Bangkok Bank, and TMB Thanachart Bank in causing chaos throughout Thailand this morning when their banking apps crashed. They not only wreaked turmoil throughout the land but they also managed to unite all of its customers – in anger, after their mobile banking systems crashed on the day their salaries were supposed to be transferred into…
- Crime
Foreign tourist breaks into bank, goes on rampage in northern Thailand
A foreign tourist broke into a Bangkok Bank branch in Pai in the northern province of Mae Hong Son yesterday evening. He smashed his way through several glass doors with rocks and proceeded to cause significant damage to the bank’s property. Police detained him and discovered he was illegally residing in the kingdom. A foreigner named Kent Douglas Meades –…
- Thailand
Bangkok Bank customers can now withdraw cash from 7/11 stores
Bangkok Bank is now offering its customers the option to withdraw money at 7/11 convenience stores after teaming up with the retail giant. The move to allow customers greater access to transactional services is to help those in rural areas get cash quickly without needing to go to the actual bank. So far, 12,500 7/11 stores nationwide are offering the…
- Economy
4 Thai banks to be investigated for “suspicious transfers” after FinCEN files report
4 Thai banks are being investigated after an international money laundering report said the Thai banks had “suspicious financial transactions.” The report found 92 “suspicious” transactions in and out of Thailand totalling to $9,558,752 USD received in Thailand and $31,750,000 USD sent out. Files were allegedly leaked from the US Financial Crimes Enforcement Network, known as FinCEN, and journalists from…
- Coronavirus (Covid-19)
7 key service required by all Thai banks during ‘disruption’
The Bank of Thailand is demanding all Thai financial institutions to continue providing 7 basic financial services, including money withdrawals, fund transfers, deposits, payments, cash management and settlement systems, in an effort to avoid potential Covid-19 related disruption. Secretary-general of the Thai Bankers Association, Kobsak Duangdee, says after the conference call between all banks and the central bank, they’ve all…