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BAAC is ready to transfer Covid-19 relief funds to 10 million farmers, every 5,000 baht per month for 3 months, totaling 150 billion baht. Approximately 1 million people per day are expected to start transferring as of May 15.
On May 4, Mr. Apirom Sukprasert, Manager of the Bank of Agricultural and Agricultural Cooperatives (BAAC), revealed that in accordance with the Cabinet resolution on April 28, 2020, he agreed to take measures to help farmers who have been affected. From the coronary infection epidemic in 2019 (Covid-19), with the payment of 5,000 baht per farmer’s home to government agencies. 3 months (May – July 63) for 10 million cases with a budget of 150,000 million baht. The BAAC payment process will receive the information from the registered registrar. Audited by the Ministry of Agriculture and Cooperatives AND proceed to transfer the money directly to the farmer’s account. In the event that farmers already have a deposit account with BAAC, they can use the same deposit account. Without having to open a new account As for farmers who do not have a BAAC deposit account, they can notify an existing bank account with any bank. Through the BAAC website you can remedy the BAAC as of May 7, 2020. After that, the system will process the data and verify the deposit accounts of eligible farmers according to the measure. This should not be superimposed with the help of “We will not leave” measures. When BAAC receives money from the Ministry of Finance, it will immediately transfer the money to the farmer’s account. Which will distribute the transfer to cover the area around the country around 1 million per day. It is expected to start transferring from May 15, 2020 onwards.
“The BAAC project will accelerate operations under the control of the spread of Covid-19. Strictly Furthermore, farmers do not need to have a BAAC deposit account, but can also use BAAC ATM cards to withdraw money from all ATMs. banks or use a mobile phone with a BAAC app. A. A-Mobile can also withdraw money without using an ATM card at BAAC ATMs, “said Apirom.
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