Treasury & FX in Thailand

Treasury & FX in Thailand

Call date: 12th Mar 2020

Members from Asia and EU shared their experiences in Thailand, including: Local investments, FX hedging, Offshore THB bank accounts, Running Thailand from an SSC and Collections

The call was chaired by Nick Franck, the key takeaways are below.

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If you would like a copy of this report, please get in touch.

Key takeaways

• Local Investment opportunities are limited
• FX hedging can be both onshore and offshore with few issues
• Offshore THB bank accounts are possible but you need to research liquidity implications
• Incorporating Thailand into an SSC is straightforward but cheque reconciliation can be an issue for up country bank branches
• DSO is high and collections are slow 

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