Relaxation of Foreign Exchange Regulations in Thailand

On 5 January 2021, the Bank of Thailand (BOT) introduced the Non-Resident Qualified Company Scheme (the Scheme) which allows greater flexibility for non-resident companies to conduct foreign exchange transactions against Thai baht with domestic financial institutions. Eligibility Non-resident companies that trade and have direct investment in Thailand are eligible for the Scheme, provided that they … Continue reading Relaxation of Foreign Exchange Regulations in Thailand