Since Thailand do not offer any Deposit Insurance Scheme it is a "black Jack casino" to tranfer money.Nowadays there abundance of Banks everywhere where offer you high interest deposit rates.But what about of Deposit Insurance Scheme?
Deposit Guarantee Fund? What world do you live in?
Eurogroup boss Paschal Donohoe wants to tackle one of the most controversial issues in European financial architecture. According to EU circles, he will present a two-phase model for European deposit insurance during a conference call with euro finance ministers on Tuesday.
With the step-by-step approach, he hopes to assuage the concerns of member states - especially the Germans.
From the point of view of the European Commission and the European Central Bank (ECB), deposit insurance is of great importance as the third pillar of the banking union. After the financial crisis and the euro debt crisis, banking supervision was already entrusted to the ECB. In addition, a European resolution mechanism for banks in crisis was introduced. On the other hand, the debate on a common European deposit insurance scheme has not progressed for years – mainly because of German resistance. The new federal government had stated in its coalition agreement that it was only prepared for a reinsurance system in which national security systems back each other up in emergencies. However, it rejects joint liability for savings deposits.
Source:https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/euro-gruppe-neuer-anlauf-zur-europaeischen-einlagensicherung-bundesregierung-laeuft-sturm/28296088.html