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Financial Markets > Debt Securities Services > Application Handling > Freeze/freeze removal of debt securities
Service Manager   SUNUN (66(0)2283-6865)    KEOKALAYA (66(0)2283-5390)   
  Freeze/freeze removal of debt securities 

                      There are two cases where debt securities are frozen:

     1. Debt securities placed as collateral: the party that places collateral delivers debt securities to the party that accepts collateral. The party that accepts collateral (government entity or public organization) submits a letter to the BOT requesting to freeze the debt securities. Upon the end of contract period, the party that accepts collateral submits a letter to the BOT requesting to release the debt securities.

     2. Debt securities freeze due to lawsuits: court, official receiver, the Legal Execution Department, or any entity that can legally freeze assets can freeze debt securities by submitting a letter to the BOT requesting to freeze the debt securities and interest. The BOT will record the freeze and submit a letter informing the entity that has requested debt securities freeze until further notice in writing by such entity.

DetailFilter
1. Forms
-
2. Required documents
1) A letter issued by the party that accepts collateral (government entity or public organization)
2) A copy of certificate of debt securities (if any) or complete information of debt securities identified in the letter submitted to the BOT
3. Fee
None
4. Contact procedure
Submit a letter to the BOT
5. Additional note
1) If the party that accepts collateral requires written certification of the debt securities, the party that places collateral has to request the BOT (as a registrar) to issue the certification, and then delivers it together with the certificate of debt securities to the party that accepts collateral.
 2) If the debt security is owned by minor, the party that places collateral has to ask the court for permission.
6. Contact us
1) BOT Head Office:
      Debt Instruments Division, Deposits and Debt Instruments Office
 
      273 Samsen Road, Bangkhunprom, Bangkok 10200
     Tel. 1213  
 2) BOT Northern Region Office:
     Banking Team, Operation Division
      68/3 Chotana Road, Muang Chiang Mai District, Chiang Mai 50300
     Tel. 053-931061
 3) BOT Northeastern Region Office:
      Banking Team, Operation Division
      393 Srichan Road, Muang khon Kaen District, Khon Kaen 40000
     Tel. 043-246071
  4) BOT Southern Region Office:
      Banking Team, Operation Division
      472 Phetkasem Road, Hat Yai District, Songkhla 90110
      Tel.  074-238475, 074-272000 # 4421-4425
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