Retire in Thailand | Keyframe5 https://www.keyframe5.com Living in Thailand Blog Mon, 11 Sep 2023 23:18:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 Thailand Reduces Money Protection in Thai Banks – Is Your 800,000 Baht Retirement Proof of Income Protected? https://www.keyframe5.com/thailand-reduces-money-protection-in-thai-banks-800000-baht-retirement-proof-of-income-protected/ https://www.keyframe5.com/thailand-reduces-money-protection-in-thai-banks-800000-baht-retirement-proof-of-income-protected/#respond Mon, 04 Sep 2023 18:12:12 +0000 https://www.keyframe5.com/?p=24649 Individual depositors (Thais or foreigners) are automatically protected upon opening a deposit account with a Thai financial institution, as set in the Deposit Protection Agency Act. From August 11, 2021, and onward. Thai banks are to provide deposit insurance or deposit protection for only 1 million baht, per individual account holder in one financial institute. […]

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