{"id":13278,"date":"2024-04-26T06:47:00","date_gmt":"2024-04-25T23:47:00","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=13278"},"modified":"2025-01-29T10:39:04","modified_gmt":"2025-01-29T03:39:04","slug":"virtual-banks","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/fr\/banques-virtuelles\/","title":{"rendered":"Les banques virtuelles arrivent en Tha\u00eflande"},"content":{"rendered":"<section  class='av_textblock_section av-ks8kyyfa-e516bae24dd4ed4f78e7dedb0aea1067'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px;\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a>\u00a0\u203a\u203a <\/span>Virtual Banks are Coming to Thailand<\/div>\n<\/div><\/section>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_1'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-2  el_after_av_textblock  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-13278'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-4  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-d0fe1da2549b5d38fb08e5d3e4dbc794'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>news<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-9ab3f8d48a81ed396ae07bbaafa596f6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>Virtual Banks are Coming to Thailand<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscyalj7-2ad25b68643e9517389c1de031001cff'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">26\/04\/2024<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-2mj4cc-546fb3795883e77cb448506a33b339b7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Virtual banks could potentially revolutionise the financial sector in Thailand, providing a genuine and more accessible option for banking for start ups and investors in Thailand. As part of their plans to introduce Virtual Banks to Thailand, the Bank of Thailand has announced plans to open applications for companies to apply for virtual bank licences. These virtual banks aim to provide innovative financial services and increase access to banking for consumers in the retail and SME segments.<\/span><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-10  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-234af9108c84ce82d3a12d7c73073427\">\n.avia-image-container.av-kscy8en7-234af9108c84ce82d3a12d7c73073427 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-234af9108c84ce82d3a12d7c73073427 av-styling- avia-align-center  avia-builder-el-11  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-13279 avia-img-lazy-loading-not-13279 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3.png\" alt='Investment opportunities in Thailand' title='Investment opportunities in Thailand'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-15x12.png 15w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-450x364.png 450w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2024\/04\/How-to-Register-a-Company-in-Thailand-with-Virtual-Office-3-600x485.png 600w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_2'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-12  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-13278'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-13  el_before_av_two_third  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-14  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3\">\n#top .av_textblock_section.av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3 .avia_textblock{\ncolor:#ffffff;\n}\n<\/style>\n<section  class='av_textblock_section av-lb329d7d-3f950f02b294bfa39eeb1b805d8d23d3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock post_text_highlighting av_inherit_color'  itemprop=\"text\" ><p style=\"text-align: left;\">Key points<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<div class=\"px-4\">\n<div class=\"my-6 overflow-hidden\">\n<div class=\"prose leading-tight\">\n<p><a href=\"https:\/\/www.bot.or.th\/en\/home.html\" target=\"_blank\" rel=\"noopener\">Bank of Thailand<\/a> has announced plans to allow companies to apply for virtual bank licenses, potentially boosting the presence of <span class=\"bg-green-200\">online banks<\/span>\u00a0in the region.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li>Virtual banks, also referred to as online banks, operate entirely through digital channels like websites and mobile apps, without any physical branches, often with lower fees compared to traditional banks.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Key features include online account opening, digital transactions, remote customer support, and advanced technology utilization.<\/span><\/li>\n<li>For businesses, virtual banks provide advantages like multi-currency accounts, checking accounts, debit card issuance (which traditional Thai banks typically offer only after 3 years), and potentially faster account opening.<\/li>\n<li><span style=\"font-weight: 400;\">The licensing process will be overseen by Thailand&#8217;s central bank and finance ministry.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kscytnto-6f8bd4ca8aa4b5f4311495ee3b7802c6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What is a Virtual Bank?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-ba2bc652f51fc02aca7b4faa3ec86cd2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Virtual banks offer greater accessibility, convenience, and flexibility for customers. Customers can access a wide range of financial services through mobile applications, eliminating the need for visiting a physical branch.<\/p>\n<p><span style=\"font-weight: 400;\">The key characteristics of a virtual bank include:<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-893pgz-417cf0891102d15fa8bff673921feb47\">\n#top .hr.hr-invisible.av-893pgz-417cf0891102d15fa8bff673921feb47{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-893pgz-417cf0891102d15fa8bff673921feb47 hr-invisible  avia-builder-el-18  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0b5z3-fd7dd6eb3ffe120beb43b75dd52b1b15'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>No physical branches<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-51gxgwu-3ed055148c321a5f2613b36dba512df2\">\n#top .hr.hr-invisible.av-51gxgwu-3ed055148c321a5f2613b36dba512df2{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-51gxgwu-3ed055148c321a5f2613b36dba512df2 hr-invisible  avia-builder-el-20  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0bgns-8646bae97ed2738c16f5b0484ae9eb0b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Online banks, also known as virtual banks, operate solely through digital channels, such as websites, mobile apps, and online banking platforms. They do not have any physical branch locations where customers can visit and conduct transactions.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4iv93oe-38d7b2c4a9fb702e394fca13d98a7150\">\n#top .hr.hr-invisible.av-4iv93oe-38d7b2c4a9fb702e394fca13d98a7150{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-4iv93oe-38d7b2c4a9fb702e394fca13d98a7150 hr-invisible  avia-builder-el-22  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0bvix-2903d694bc181bdf376b36aabd3eddc3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Online account opening<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-40k690e-b491b1a183e99bf55a24de3f99b84e68\">\n#top .hr.hr-invisible.av-40k690e-b491b1a183e99bf55a24de3f99b84e68{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-40k690e-b491b1a183e99bf55a24de3f99b84e68 hr-invisible  avia-builder-el-24  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0c3m5-7236f6b77fc8e43f59e568904176ff31'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Customers can <a href=\"https:\/\/belaws.com\/thailand\/open-a-company-bank-account\/\">open bank accounts<\/a>, including checking accounts, and apply for various banking products and services entirely online or through mobile apps.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3eadsn2-3c852ca1071a0ea83d44caec4b288bb3\">\n#top .hr.hr-invisible.av-3eadsn2-3c852ca1071a0ea83d44caec4b288bb3{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-3eadsn2-3c852ca1071a0ea83d44caec4b288bb3 hr-invisible  avia-builder-el-26  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0ci1l-2a502bf34cd16620c6338dd9b9b0e528'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Digital transactions<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-33qeyda-1e3d61071761b302a3c6a929288e2dbc\">\n#top .hr.hr-invisible.av-33qeyda-1e3d61071761b302a3c6a929288e2dbc{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-33qeyda-1e3d61071761b302a3c6a929288e2dbc hr-invisible  avia-builder-el-28  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0cqbt-82c6f5fc16d0bf534f510422f42ebcf5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>All banking transactions, such as deposits, withdrawals, fund transfers, bill payments, and loan applications, are conducted through online banking platforms and mobile apps, which is a characteristic feature of online banks.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2ho09we-355f66530348fd4ca79d43f679be80aa\">\n#top .hr.hr-invisible.av-2ho09we-355f66530348fd4ca79d43f679be80aa{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2ho09we-355f66530348fd4ca79d43f679be80aa hr-invisible  avia-builder-el-30  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0d2cb-b4f84b698313416753ce242b60500e06'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Remote customer support<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-27dkdb2-a65976a427e7748b0642bdbebaf69660\">\n#top .hr.hr-invisible.av-27dkdb2-a65976a427e7748b0642bdbebaf69660{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-27dkdb2-a65976a427e7748b0642bdbebaf69660 hr-invisible  avia-builder-el-32  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0dcy6-2aeb05232364c9762749e9a09a711c97'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Virtual banks typically provide customer support through digital channels, such as email, live chat, video conferencing, or phone support, rather than in-person interactions.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-5kpi9q-1d04961fcaedbefc63008578286fb80a\">\n#top .hr.hr-invisible.av-5kpi9q-1d04961fcaedbefc63008578286fb80a{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-5kpi9q-1d04961fcaedbefc63008578286fb80a hr-invisible  avia-builder-el-34  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0dopd-c739d202bf568614fa8d32da95f84105'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h3>Advanced technology:<\/h3>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1cxyhwe-24ff3b49fadf2d2c8f93bf63b91e41c6\">\n#top .hr.hr-invisible.av-1cxyhwe-24ff3b49fadf2d2c8f93bf63b91e41c6{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1cxyhwe-24ff3b49fadf2d2c8f93bf63b91e41c6 hr-invisible  avia-builder-el-36  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lvf0dzwr-39e1de644bfc2fa65a819abf9276e1f2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Virtual banks heavily rely on advanced technologies, such as artificial intelligence, machine learning, and data analytics, to provide personalised services, enhance security, and improve operational efficiency.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lvf0e92x-92e804fb0428cb9856eafbde473874e4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Virtual banks have become more and more popular in recent years due to the increasing adoption of digital technologies and the changing preferences of customers, particularly among younger generations who prioritize convenience and digital experiences.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ov7nfi-bb6c16713672f4f782a87825176340a2\">\n#top .hr.hr-invisible.av-ov7nfi-bb6c16713672f4f782a87825176340a2{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-ov7nfi-bb6c16713672f4f782a87825176340a2 hr-invisible  avia-builder-el-39  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-gfh9xy-e0bde1d55d8468f28ed18b9996433e48'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Benefits of a Virtual Bank?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lodoxqvz-6a45f69df973eb89afb9398d18b23e8a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Virtual banks offer greater accessibility, convenience, and flexibility for customers. Customers can access a wide range of financial services through mobile applications, eliminating the need for visiting a physical branch.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-luuorpb6-2b1f8c357d22481b8aebe083eb9dfc41'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">The process for opening an account is also greatly simplified as it can all be done online via uploading the required information. This is the opposite of opening an account in a Thai bank which requires a Director to be there in person and also all the original documents and copies of everything. However, approval for opening an account in a physical branch is granted almost immediately, some virtual banks may take up to a week to approve an application. <\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lvf0f4y7-bfafdee66def8b63ca20ea16b4eeee9b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Virtual banks also offer significant advantages for businesses including the ability to have a multi currency account<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">More importantly, virtual banks also offer their customers access to debit cards, which could be very important for newly started companies. Typically Thai banks will only issue a debit card to companies after they have been incorporated for 3 years.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1nrg9k9-ab564ba08a6e13a49ba4d2992b8cb9b9\">\n#top .hr.hr-invisible.av-1nrg9k9-ab564ba08a6e13a49ba4d2992b8cb9b9{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-1nrg9k9-ab564ba08a6e13a49ba4d2992b8cb9b9 hr-invisible  avia-builder-el-44  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-29e836-af8ded3d4545f2e57d4dd69dd1cbbc82'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What is the Current Status of Virtual Banks in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsa39w9h-c5a81c09d1787c406714d9a682f90c78'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>In March 2024, Thailand\u2019s Finance Ministry announced that it will begin to accept applications for virtual bank licenses, considering the impact on interest rates over the next six months.<\/p>\n<p><span style=\"font-weight: 400;\">The licensing application process for virtual banks in Thailand will be overseen by the central bank and the finance ministry. Applicants will be evaluated based on:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">their experience and resources to ensure their ability to operate a commercial banking business effectively.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Their ability to handle transactions, protect customer data, and comply with regulatory requirements.<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lvf0ftz0-0e4c6c9ada7d8aeb92020347767ca85c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Once the submission period ends, the central bank and finance ministry will review the applications within nine months, assessing factors such as capital requirements, fees, and the potential impact on interest rates. Approved banks will then have one year to prepare and begin operations.<\/p>\n<p><span style=\"font-weight: 400;\">The authorities have not set a limit on the number of licences that will be issued, but they will consider the overall impact on the Thai financial institutions system.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-364388n-d3a6f16d5026c67a251ff87eb7d2a530\">\n#top .hr.hr-invisible.av-364388n-d3a6f16d5026c67a251ff87eb7d2a530{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-364388n-d3a6f16d5026c67a251ff87eb7d2a530 hr-invisible  avia-builder-el-48  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-10ity4i-fd5c087804ff150263c34ff5dd5847d4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Requirements to Open a Virtual Bank Account in Thailand?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-vw0af6-f78cfa4652f8b82f15260e08ab399684'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">While the details about what will be required to open a virtual bank in Thailand have not been announced yet, judging by the requirements from Hong Kong and Singapore virtual banks, we can expect the requirements to be similar to opening a traditional bank account in Thailand.<\/span><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2feprr-2d2aaa2811df994d47940e0fd2832b20\">\n#top .hr.hr-invisible.av-2feprr-2d2aaa2811df994d47940e0fd2832b20{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2feprr-2d2aaa2811df994d47940e0fd2832b20 hr-invisible  avia-builder-el-51  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-ogg35u-d0189bafe7f51a32c28e1e340586dfd4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the Requirements to Open a Traditional Bank Account in Thailand<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lsjz6iaz-e3116970e171332187e3eb6d1d6be30a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Typically the following will be required for opening a corporate bank account:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of the company\u2019s registration certificate<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Stamped minutes of the board of directors meeting authorising the opening of the account and designating the signatories for payments and closure of the account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The tax ID card of the company<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ID card or passport of every member of the board of directors and shareholder who holds more than 25%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of the articles of association and memorandum of association<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shareholder\u2019s list<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A minimum deposit of THB 500 (may differ between banks)<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lu6f7i5i-e6f8fcc6cd5a162027d1d050bc809a2d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Please be aware that the following additional documents may be required:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">a work permit (if the Director opening the account is a foreigner),\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">company records,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">tax details and\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">personal financial information\u00a0<\/span><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9jg9g24-78d0dc82813ad64b888b15a4d87c1303\">\n#top .hr.hr-invisible.av-9jg9g24-78d0dc82813ad64b888b15a4d87c1303{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-9jg9g24-78d0dc82813ad64b888b15a4d87c1303 hr-invisible  avia-builder-el-55  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-lu6f8gje-2a5f65c0af72cd1013611220e5b4fca3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Virtual Banks in Other Countries<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lu6f9z9x-ce604762e8fc6e74d48d5964c99ce71f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Virtual banking has become a popular option in two leading global business and finance hubs, Singapore and Hong Kong. Both these countries have been at the forefront for providing a legal framework for virtual banking in Asia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The virtual banking framework established in Hong Kong is overseen by the Hong Kong Monetary Authority (HKMA). The HKMA issued its first virtual banking licence in 2018 and since then has continued to develop and support the virtual bank business environment.<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-luup69dq-0cf4c276af85f3730183bbf43a25e073'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">In Singapore, the Monetary Authority of Singapore (MAS) is responsible for overseeing the regulation of virtual banks. The MAS awarded its first four virtual banking licences in 2019. The MAS offers two types of licences for virtual banks to offer banking services in Singapore.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Holders of a Digital Full Bank licence can offer services to retail customers, while the Digital Wholesale Bank licence allows business banking, and covers other non-retail customer segments.\u00a0<\/span><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-luup6vmx-04d81f7abf120dea6bc23b537205bc49'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><span style=\"font-weight: 400;\">Examples of Virtual Banks in Singapore and Hong Kong:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.gxs.com.sg\/\" target=\"_blank\" rel=\"noopener\">GXS Bank<\/a> (Singapore)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.anext.com.sg\/\" target=\"_blank\" rel=\"noopener\">ANEXT Bank<\/a> (Singapore)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.antbank.hk\/home?lang=zh_hk\" target=\"_blank\" rel=\"noopener\">Ant Bank<\/a> (Hong Kong)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/mox.com\/\" target=\"_blank\" rel=\"noopener\">Mox Bank<\/a> (Hong Kong)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/bank.za.group\/en\" target=\"_blank\" rel=\"noopener\">ZA Banks<\/a> (Hong Kong)<\/span><\/li>\n<\/ul>\n<div id=\"gtx-trans\" style=\"position: absolute; left: 36px; top: 171.4px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lxjywmys-429503a42e4c9a0957964e7b4456d0a2\">\n#top .hr.hr-invisible.av-lxjywmys-429503a42e4c9a0957964e7b4456d0a2{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-lxjywmys-429503a42e4c9a0957964e7b4456d0a2 hr-invisible  avia-builder-el-60  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-luup75e3-570597f512628514b58fe33b33ed9db7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><h3><strong>Virtual Bank Alternatives:<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">The following examples are not classed as Banks but are considered a financial institution and hold a Money Service Operator licence in Hong Kong and the Singapore equivalent. Such companies offer essentially the same services as a traditional bank and are focused on businesses and supporting their needs.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"http:\/\/Airwallex.com\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Airwallex<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/wise.com\/gb\/about\/referral\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Wise<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/statrys.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Statrys<\/span><\/a><\/li>\n<li aria-level=\"1\">zynlo bank<\/li>\n<\/ul>\n<div id=\"gtx-trans\" style=\"position: absolute; left: 53px; top: 94.8px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-luup7ogy-d1cf5ef2c405ac6c021641fc7d23994a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>While the details relating to virtual banks in Thailand remain unclear at this time, we expect it to provide great opportunities for businesses, potentially affecting interest rates similarly to the impact seen in Hong Kong and Singapore. The improved accessibility to banking services and innovative products, Virtual Banks could have a significant positive effect on business and conducting business in Thailand.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-natw6k-402c285c06b72f669a6a84b60aa4c8b2'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>How can Belaws help?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lu6foo7p-203a62348afa3a842e9a26bade92f662'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>For more information about online banks and virtual banks in Thailand, why not talk to one of our experts now?<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap avia-button-left  avia-builder-el-65  el_after_av_textblock  el_before_av_textblock  bouton-cta' ><a href=\"https:\/\/wa.me\/+66636955945\" class=\"avia-button av-2rocsm-ad93c683973fd17f09fcd73d6f5e78e0 avia-icon_select-yes-right-icon avia-size-large avia-position-left avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Talk to an expert<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\uf232' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n<section  class='av_textblock_section av-202agu-c2abc468d489a64dbd7aa9abcb6a5ea1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you want to learn more about how our experts can help with your accounting and secretary needs, please click\u00a0<a href=\"https:\/\/belaws.com\/thailand\/accounting-secretary\/\" target=\"_blank\" rel=\"noopener\">here<\/a>. For more details about our incorporation services, please click<a href=\"https:\/\/belaws.com\/thailand\/incorporation\/\" target=\"_blank\" rel=\"noopener\">\u00a0here.<\/a><\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-q93pwe-6d5bb40d417741c03ce1e2231424ffaa'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n<div  class='av-social-sharing-box av-l4rstf25-09aa8edfee9bfff0c66b62d8ea68b23c av-social-sharing-box-default  avia-builder-el-68  el_after_av_textblock  el_before_av_hr  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this post<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link av-social-link-facebook' 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class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-4017eaf9b1649a60b0ff810854b78620'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of up to 1 hour and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-78  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69\">\n.avia-section.av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-l8ctxpd9-095dc0c75aa2de5329ec8b624b867e69 main_color avia-section-default avia-no-border-styling  avia-builder-el-84  el_after_av_section  el_before_av_one_full  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-13278'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641\">\n#top .hr.hr-invisible.av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-fyhro1-0cf30a10ffa966a21c55aed6dcf53641 hr-invisible  avia-builder-el-85  el_before_av_textblock  avia-builder-el-first  av-desktop-hide av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<section  class='av_textblock_section av-e8bwe9-42a5aa99fe46b76eb6bea8fd40de44ad'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu'  itemprop=\"text\" ><h3 style=\"text-align: left;\">Frequently asked questions<\/h3>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-37pzrl-0e2130f093209067c90d3f6b04c2d251\">\n#top .hr.hr-invisible.av-37pzrl-0e2130f093209067c90d3f6b04c2d251{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-37pzrl-0e2130f093209067c90d3f6b04c2d251 hr-invisible  avia-builder-el-87  el_after_av_textblock  el_before_av_toggle_container  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='togglecontainer av-lxjnnuks-6e4e696d477867896e5baaeb9a7a056b  avia-builder-el-88  el_after_av_hr  avia-builder-el-last  av-accordion-style-2 toggle_close_all'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/FAQPage\" >\n<section class='av_toggle_section av-3ikacim-5102ad918edf814b8fdfebc8fc3a6b96'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-1' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-1'>How do virtual banks operate?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Virtual banks, also known as digital banks, primarily operate through online platforms, eliminating the need for physical branches.<\/p>\n<p>By utilizing the latest technology, they provide various financial services including savings accounts, loans, and investment options. Customers can access these services through mobile apps or websites, ensuring convenience and efficiency that traditional banks might lack.<\/p>\n<p>Advanced encryption and cybersecurity measures safeguard client information. As they do not maintain physical locations, operational costs are lower, allowing for competitive interest rates and reduced fees, thus benefiting the end-users significantly.<\/p>\n<p>Integration with other digital financial services helps create a seamless ecosystem for users. Virtual banks continuously innovate, striving to enhance user experience with features like AI-driven financial advice, instant payments, and personalized banking solutions, marking an evolutionary leap in the banking industry.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-34vdkse-0c6b62dd64b0fb3687e3c395d574ca46'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-2' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-2'>Are virtual banks safe?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Virtual banks have emerged as a groundbreaking innovation in the financial sector, poised to reshape traditional banking landscapes. These digital-only institutions leverage cutting-edge technology to offer seamless and convenient banking experiences. Consequently, they are attracting a growing number of customers seeking efficiency and accessibility.<\/p>\n<p>Despite this popularity, concerns about security remain a central issue. Advanced encryption and multi-factor authentication are standard measures employed by virtual banks. These features ensure the safety of clients&#8217; financial transactions and personal data. Additionally, digital banks must adhere to stringent regulatory requirements.<\/p>\n<p>Many virtual banks employ machine learning algorithms to detect and prevent fraudulent activities. These systems continuously monitor transactions, identifying unusual patterns and addressing potential threats in real-time. By leveraging artificial intelligence, virtual banks enhance their security measures significantly.<\/p>\n<p>Furthermore, virtual banks invest heavily in cybersecurity, often collaborating with leading experts in the field. They conduct regular security audits and penetration testing. These preemptive measures help identify and mitigate vulnerabilities, providing an additional layer of protection.<\/p>\n<p>Trust in virtual banks is bolstered by their partnerships with established financial institutions and fintech firms. These collaborations often involve sharing best practices and adopting innovative security technologies. Together, they create a robust ecosystem that further ensures customer trust and safety.<\/p>\n<p>What we can say is that virtual banks employ state-of-the-art security measures to protect against cyber threats. Their commitment to security and regulatory compliance remains unwavering. As digital banking continues to evolve, these institutions are well-equipped to provide a secure and efficient banking experience.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-2h2mta6-6789ffb70e1a10d1a326039f53340af5'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-3' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-3'>Which services do virtual banks offer?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Virtual banks are revolutionizing the financial landscape by offering a diverse array of services. They aim to provide comprehensive solutions beyond traditional banking limits, appealing to tech-savvy users.<\/p>\n<p>Firstly, virtual banks offer fully digital checking and savings accounts. These accounts often come with higher interest rates and lower fees, attracting those who seek more efficient financial growth.<\/p>\n<p>Additionally, they provide seamless payment services. Customers can easily transfer money, pay bills, and manage transactions in real-time, utilizing advanced mobile applications and web platforms.<\/p>\n<p>Moreover, personalized financial management tools are a significant draw. Virtual banks use AI-driven analytics to monitor spending, set savings goals, and even offer tailored investment advice.<\/p>\n<p>Customer support is also commendable. Virtual banks ensure assistance through chatbots, live chats, and 24\/7 helplines, ensuring users receive timely and efficient help anytime.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-1wn3wji-73b44a5855e6ef05568917b2d26c5ea6'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-4' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-4'>Why is Thailand introducing digital banks now?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>While many Asian countries already have digital banks, Thailand is just starting. There are two main reasons:<\/p>\n<ul>\n<li>Financial inclusion: To reach people who don&#8217;t have easy access to traditional banks.<\/li>\n<li>Increased competition: To create a more competitive banking sector and potentially improve services for everyone.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-1obkq3i-bd5f81fe2238a49c1da0fc35161da54e'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-5' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-5'>Does everyone in Thailand need a digital bank?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-5' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>No, not everyone. Thailand already has a high rate of bank account ownership (over 80%). However, some people may be underbanked, meaning their existing bank accounts don&#8217;t meet all their needs.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-136v6gu-2bd376e5fd8091c7fd0b92f7489119bb'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-6' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-6'>What is franchising, and why is it popular in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-6' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Franchising allows an established business (franchisor) to grant another party (franchisee) the right to operate a business using its brand and systems. In Thailand, franchising is popular due to its established legal framework, potential for market expansion, and proven business models.<\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-kptzr2-49a8bce8decbf7487a5278d76d1fdd36'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-7' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-7'>What are people in Thailand interested in with digital banks?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-7' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>A study showed strong interest in using digital banks for:<\/p>\n<ul>\n<li>Making deposits and withdrawals (72%)<\/li>\n<li>Transferring money (67%)<\/li>\n<li>Paying bills (64%)<\/li>\n<\/ul>\n<p>Source: <a href=\"https:\/\/www.kapronasia.com\/\" target=\"_blank\" rel=\"noopener\">kapronasia<\/a><\/p>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lxjnns6a-f6c94082eede6f27ac9cf6108e82426b'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-8' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-8'>Who will likely get the digital bank licenses? <span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-8' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Startups are unlikely due to high capital requirements. Winners are expected to be established players like:<\/p>\n<ul>\n<li>SCBX-Kakao Bank consortium<\/li>\n<li>Kasikornbank subsidiary<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-lxjnnm9o-c6cae8263bcc4206aaa5f4dac98a1acc'  itemscope=\"itemscope\" itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{Tout} \"  ><p data-fake-id='#toggle-id-9' class='toggler   '  itemprop=\"name\"  role='tab' tabindex='0' aria-controls='toggle-id-9'>When will digital banks be available in Thailand?<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-9' class='toggle_wrap  '   itemscope=\"itemscope\" itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Not before 2025, and possibly even later in 2026. The application and approval process takes time.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-13278'><div class='entry-content-wrapper clearfix'><\/p>\n<div class='flex_column av-qqtyiz-0d401a2ec3b1be9fe8b6b4ff052340e0 av_one_full  avia-builder-el-89  el_after_av_section  el_before_av_section  avia-builder-el-no-sibling  first flex_column_div '   ><section  class='av_textblock_section av-2jjczv-f8cba9213d57d135389f2377189c4f87'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Related articles<\/h2>\n<\/div><\/section><br \/>\n<div id='av-masonry-1' class='av-masonry av-2fkee3-1463467e8c0bf423440c79b4f195f563 noHover av-flex-size av-large-gap av-hover-overlay-active av-masonry-animation-active av-masonry-col-3 av-caption-always av-caption-style- av-masonry-entries '><div class=\"av-masonry-container isotope av-js-disabled\"><div class='av-masonry-entry isotope-item av-masonry-item-no-image '><\/div><a href=\"https:\/\/belaws.com\/thailand\/fr\/real-estate-crypto-currencies\/\" id=\"av-masonry-1-item-932\" data-av-masonry-item=\"932\" class=\"av-masonry-entry isotope-item post-932 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain category-cryptocurrency category-legal category-real-estate tag-real-estate  av-masonry-item-with-image\" title=\"Buying real estate in Thailand with crypto-currencies\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-5399 avia-img-lazy-loading-not-5399\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-705x570.png\" title=\"Buying real estate in Thailand with crypto-currencies\" alt=\"Buying real estate in Thailand with crypto-currencies real-estate buy a property in Thailand?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/11\/105.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >Buying real estate in Thailand with crypto-currencies<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >05\/08\/2021<br \/>\r\nIs it possible to use your crypto to buy a property in Thailand? In theory, yes, but in practice it depends.<\/div><span class='av-masonry-date meta-color updated'>ao\u00fbt 15, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/regulations-blockchain-thailand\/\" id=\"av-masonry-1-item-4667\" data-av-masonry-item=\"4667\" class=\"av-masonry-entry isotope-item post-4667 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain  av-masonry-item-with-image\" title=\"Regulations relating to Blockchain in Thailand today?\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-4673 avia-img-lazy-loading-not-4673\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-705x570.png\" title=\"Regulations relating to Blockchain in Thailand today?\" alt=\"Regulations relating to Blockchain in Thailand today?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/09\/073a.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >What is the current scope of regulations relating to Blockchain in Thailand today?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >23\/09\/2021<br \/>\r\nThailand was one of the very first countries to regulate blockchain, how does the legislation look today?<\/div><span class='av-masonry-date meta-color updated'>septembre 23, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><a href=\"https:\/\/belaws.com\/thailand\/fr\/crypto-tax-in-thailand\/\" id=\"av-masonry-1-item-4989\" data-av-masonry-item=\"4989\" class=\"av-masonry-entry isotope-item post-4989 post type-post status-publish format-standard has-post-thumbnail hentry category-blockchain category-corporate category-cryptocurrency category-tax  av-masonry-item-with-image\" title=\"What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\"><div class='av-inner-masonry-sizer'><\/div><figure class='av-inner-masonry main_color'><div class=\"av-masonry-outerimage-container\"><div class='av-masonry-image-container'   ><img decoding=\"async\" width=\"705\" height=\"570\" class=\"wp-image-4991 avia-img-lazy-loading-not-4991\"  src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-705x570.png\" title=\"What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?\" alt=\"Crypto tax in Thailand What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-705x570.png 705w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/10\/080.png 990w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/div><\/div><figcaption class='av-inner-masonry-content site-background'><div class='av-inner-masonry-content-pos'><div class='av-inner-masonry-content-pos-content'><div class='avia-arrow'><\/div><h3 class='av-masonry-entry-title entry-title '  itemprop=\"headline\" >What are the taxes on Cryptocurrency in Thailand and do I need to pay tax?<\/h3><div class='av-masonry-entry-content entry-content'  itemprop=\"text\" >07\/10\/2021<br \/>\r\nThailand is currently experiencing a Blockchain boom, with exchanges and Fraction all being granted a Digital Assets Exchange License from Thailand\u2019s Ministry of Finance.<\/div><span class='av-masonry-date meta-color updated'>octobre 7, 2021<\/span><span class=\"av-masonry-text-sep text-sep-author\">\/<\/span><span class='av-masonry-author meta-color author'><span class='fn'>par bertrand_admin_belaws<\/span><\/span><\/div><\/div><\/figcaption><\/figure><\/a><!--end av-masonry entry--><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mw4lq3-4d1f7b909685b16735a77d3969f438e4\">\n#top .hr.hr-invisible.av-mw4lq3-4d1f7b909685b16735a77d3969f438e4{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-mw4lq3-4d1f7b909685b16735a77d3969f438e4 hr-invisible  avia-builder-el-92  el_after_av_masonry_entries  el_before_av_hr  avia-builder-el-first '><span 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