Do Thai banks have bail-in laws on the books such as Australia, New Zealand, US etc?  I'm assuming the they are operated like the fractional reserve banks in the countries noted. 

If you mean Deposit protection for individual savings then see here -

http://www.dpa.or.th/en/site/index

The link you provided is for deposit insurance which is provided after the bank fails.  In a financial crisis bail-in laws are used to maintain bank solvency by using customer deposits instead of taxpayer money.  As a depositor you are basically an unsecured creditor and what you think is your money is used to try and save the bank. Bail-ins are designed to be implemented before the bank fails so the insurance is worthless as your money is already gone. I am concerned about the safety of my 800K baht retirement account and inquired at the bank but to no avail.    

I'm not aware of any Thailand bail-in laws to protect banks as the investors/customers expense...basically current customers/investors taking a haircut.   But for customers Thailand does have the Thailand Deposit Protection program for customers. 

 

Bail-in laws/policies tend to not happen until the financial crisis/event arrives....what the current govt in power figures must be done to save banks.  Usually pretty unique situations like the Greece financial crisis.   Right now if a Thai bank fails the govt says your money is insured up to the amount of coverage provided.

 

For Thailand's 1997/98 crisis no one lost any money deposited in their bank accounts.   Sure, people invested in stocks and other such financial assets saw losses, but a person's money deposit in a Thai bank was safe.

Edited March 23, 20197 yr by Pib