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THAI Receives Qualified Company Certification


Mr. Narongchai Wongthanavimok (second from left), Executive Vice President, Finance and Accounting, Thai Airways International Public Company Limited (THAI), received Qualified Company Certification on behalf of THAI from Mr. Veerathai Santiprabhob (right), Governor of the Bank of Thailand (BOT), at Bank of Thailand Headquarters.

THAI was selected as one of the first six companies that were granted Qualified Company Certification by the Bank of Thailand. Qualified Companies are able to conduct foreign exchange transactions with commercial banks without having to submit supporting documents or other liability evidence. The certification allows for ease in foreign currency exchange transactions and risk management, which reduces the Bank of Thailand approval process.