What is MOR (Minimum Overdraft Rate)?

MOR (Minimum Overdraft Rate) paid by commercial banks from major customers with a good financial history and overdrafts account.Therefore, banks need to increase their lending considerations.

The MOR is classified as a floating rate refers to an interest rate that varies according to the cost of the financial institution, which is informed by the financial institution in cycle.

MOR (Minimum Retail Rate) of Thailand Commercial Banks in June 2022

Comparison table for each type of Interest Rate

Read more for the Article relate to MRR and MLR