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Scrapped digital fees to hit banking income – Bangkok Post 30 March 2018

ข่าวหุ้น – Four large banks and a few smaller ones deciding to eliminate fees for digital banking transactions will deal a blow to the industry’s fee based income, which contributes a big portion, says the chief of the Thai Bankers’ Association (TBA).

While Asia Plus Securities said in a research that the impact from the no-fee services would be limited, as Promptpay already offers money transfers free for transactions of up to 5,000 baht.

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