Virtual Bank

Virtual banks are a new type of commercial banks that will be introduced in Thailand. Virtual banks must not set up physical branches and offer services mainly through the digital channel. The Bank of Thailand is currently designing the selection criteria and regulation for virtual banks. The application process is expected to begin in 2023.

Related documents

Second public consultation

June - July 2023

Hearing

First public consultation

January - February 2023

Hearing

Read more about the Thai Financial Landscape

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