Jump to content

News Forum - Thailand to postpone new cash deposit machine rule after backlash


Recommended Posts

The implementation of Thailand’s new cash deposit machine (CDM) rule will be postponed after customers complained it would cause unnecessary inconvenience and extra fees for people who do not use credit/debit cards. The new rule will require anyone depositing money into their bank account using a CDM in Thailand to verify their identity with their debit/credit card and PIN number. The Anti-Money Laundering Office (AMLO) said the new measure would prevent money laundering earned from drug trafficking, gambling, and other criminal activity. The new measure was set to be introduced on November 15. Currently, you can deposit cash into a […]

The story Thailand to postpone new cash deposit machine rule after backlash as seen on Thaiger News.

Read the full story

Link to comment
Share on other sites

Alternatively, cash can be deposited into an account inside the bank branch itself using the bank’s counter service.

Great... another hour's wait time added to an already cumbersome process.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use