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Rules Come into Effect for Thai and Malay Banks to Set Up in Each Other’s Markets
Thai and Malaysian banking institutions have been invited to indicate their interest to be a Qualified ASEAN Bank (QAB) in Malaysia and Thailand, which would pave the way for their operation in respective markets.
Singapore and Malaysia to Phase in Interbank Consumer Payments
Consumers in Singapore and Malaysia are expected to soon be able to make inter-bank payments between the two countries using their mobile phone numbers.