About Exim Thailand

Export-Import Bank of Thailand
Act 1993 (B.E. 2536)
พระราชบัญญัติ ธนาคารเพื่อการส่งออกและนำเข้าแห่งประเทศไทย (ฉบับที่ 1) พ.ศ. 2536
BHUMIBHOL ADULYADEJ,REX. Given this 27th day of August 1993 Being the 48th Year of the Present Reign

Export-Import Bank of Thailand Act 1993 (B.E. 2536)

By the royal command of His Majesty King Bhumibhol Adulyadej, it is hereby proclaimed that: Whereas it is expedient to establish a bank for the exportation and importation of Thailand, His Majesty the King is thus graciously pleased that an act shall be promulgated, by and with the advice and consent of the Parliament, as follows :

SECTION 1

This Act shall be called the "Export-Import Bank of Thailand Act, 1993 (B.E. 2536)."

SECTION 2

This Act shall come into force from the day following the date of its publication in the Government Gazette.

SECTION 3

In this Act:

"Bank"
means the Export-Import Bank of Thailand;

"Exporter"
means the domestic business operator, including the person having the qualifications as prescribed by the Board, who exports goods or services for selling abroad in order to obtain returns in currency or any other property equivalent in value to currencies into Thailand and shall also mean the provider of services to persons abroad;

"Exporter's bank"
means the commercial bank or other financial institution providing credit facilities for the exporter or processing export documents for the exporter;

"Buyer"
means the importer abroad, who buys goods or services from Thailand or goods manufactured in Thailand;

"Buyer's bank"
means the commercial bank, other financial institution or any other organization providing credit facilities for the buyer or processing export documents for the buyer;

"Capital fund"
means the sum of the initial capital under Section 9, the fund received from the capital increase under Section 10, the remaining reserve and net profit after appropriation less losses in all accounting periods and the reserve arising from property appraisal;

"Financial instrument"
means bill, debenture, bond and other instrument as prescribed by the Board;

"Board"
means the Board of Directors of the Export-Import Bank of Thailand;

"Director"
means the member of the Board of Directors of Export-Import Bank of Thailand;

"President"
means the President of the Export-Import Bank of Thailand;

"Minister"
means the Minister in charge and control of the execution of this Act.

SECTION 4

The Minister of Finance shall be in charge and control of the execution of this Act and shall be authorized to issue ministerial regulations for carrying out the duties under this Act.
Such ministerial regulations shall come into force upon their publications in the Government Gazette.