September 11, 201610 yr Hi all, recently I saw several posts about the maximum 1 million baht secured or insured sum per financial institution Does anyone know of a way to safeguard money in Thailand as most of my finances are now in this country (maybe not for much longer) and I was not aware of this, the UK I understand is 75k per institution As an offshoot to this what do or how do the Thais go about safeguarding their money as an awfull lot of them have far more than I will ever have
September 11, 201610 yr It's not Bt1M; it's currently Bt15M. It does not go to Bt1M until 11 Aug 20 and I expect they'll raise the amount by the. For more info review the government's Deposit Protection Program website which shows the coverage amount by year. http://www.dpa.or.th/main.php?filename=index___EN
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