That’s not only closure, that’s global currency control. Every account is now subjected to a transfer limit.

Even if the anti-fraud motif is genuine, that’s a pretty extreme amount of control. Not that it’s in any way strange coming from Thailand. Foreign exchange and capital inflow and outflow are already controlled.

https://news.ycombinator.com/item?id=45240304#45240968

> Assistant [Bank of Thailand] Governor.. acknowledged that current procedures for identifying and freezing suspected “mule accounts” need refinement to prevent harming innocent customers. Many account holders have taken to social media to express frustration...