Foreign exchange rules eased in Thailand

Sunday, June 25, 2017 5:41 PM | UTC+7 Viewed: 1299

On 5th June 2017, the Bank of Thailand (“BOT”) announced a plan to reform exchange regulations to streamline procedures, reduce the required documents, remove the BOT’s prior approvals for certain FX transactions and promote transactions in electronic forms. Most of the new regulations for the reform will be issued this year as shown in the table below.

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