The Central Bank of Myanmar announced on September 1 that some Thai banks continue to carry out current financial transactions with Myanmar banks as normal.
Some banks including Thailand’s K Bank and SCB Myanmar, the news that some banks will stop doing financial transactions with Myanmar banks at the end of August is a fake news, according to announcement.
According to the replies from Thailand’s K Bank and SCB Myanmar, only those who communicate with the bank will be verified, and all payment operations and operations will be carried out normally.
The statement also stated that Thai banks are providing financial services in accordance with the instructions of the Financial Intelligence Unit and bank accounts are closed in accordance with the instructions of the relevant authorities only when there are suspicious activities and illegal activities.
It has also been announced that there are no suspicious transactions since Myanmar’s business operations are legitimate businesses, so normal banking services will continue to be provided.
