Banks prepare more cash as Songkran spending expected to rise

[webfact]

Banks prepare more cash as Songkran spending expected to rise 

 

 

BANGKOK: -- The Bank of Thailand says it will increase cash reserve by approximately 36 billion baht in expectation of growing spending by the public during the long Songkran festival next week.

 

The increased cash reserve represents a 3% increase over last year.

 

Most of the cash reserve will supplement the more than 9,500 ATM machines all over the country, as well as the more than 300 micro branches located in shopping centers nationwide.

 

At the same time commercial banks also are preparing enough reserves for customers to withdraw from ATMs.

 

Full story: http://englishnews.thaipbs.or.th/banks-prepare-cash-songkran-spending-expected-rise/

 

-- © Copyright Thai PBS 2017-04-05

[55Jay]

Good.  I typically get a pocket full of "just in case" cash at the start, then hole up at home and wait it out. 

[elgordo38]

Its all about the money honey nothing else.