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HomeBusinessThailand's Central Bank Considers Cash Controls on Luxury Purchases

Thailand’s Central Bank Considers Cash Controls on Luxury Purchases

The Bank of Thailand is contemplating tighter cash controls on transactions involving luxury properties, high-end vehicles, and gold to combat money laundering. Proposed measures include restrictions on cash payments for high-value assets and monitoring large cash deposits, with implications for the Phuket real estate market.

Source: Pattaya Mail

Read the full story at Pattaya Mail

Pattaya Mail
News source: Pattaya Mail. Auto-created by the aggregator for byline display.
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