Government Savings Bank (GSB) launched a digital savings account via the MyMo app offering 2.50% annual interest on balances up to 10,000 baht (0.35% above that), with no tax on interest. The account targets everyday savers seeking combined spending and savings, requires only 1 baht minimum, and is accessible via mobile onboarding with NDID verification. This is directly relevant to Thai retail SMEs and consumers looking for better-yielding savings solutions.
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