The banking industry is set to implement a ban on financial transactions involving mule accounts next month, in compliance ...

The banking sector will introduce a ban on financial transactions involving mule accounts next month, adhering to a directive ...

The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.The central ...

PETALING JAYA: A mule account is a personal bank account used to collect the gains from illicit activities for criminals, says Prof Dr Mohamed Ridza Wahiddin. The founder and patron of ...

The region has emerged as fertile base for mule accounts used to stash and transfer money acquired through fraudulent means. It is even suspected that these fraudsters are involved in transfer of ...

BALIK PULAU, Jan 28 (Bernama) -- Police arrested a man believed to be a mule account holder for a syndicate of non-existent online loans that caused a victim to lose RM39,000. Barat Daya district ...

BANGKOK, Jan. 30 (Xinhua) -- Thailand's central bank on Thursday announced enhanced measures to combat financial fraud, focusing on stricter controls over mule accounts and fostering a shared ...

The Thai banking sector will ban transactions involving mule accounts starting March 2025, following a directive by the Bank ...

Starting in March, it plans to extend this prohibition to include soft grey, dark brown and soft brown mule accounts. In addition, Ms Roong said the central bank will ban money transfers from soft ...