The Bank of Thailand (BOT) has announced new measures aimed at curbing the financial damage caused by scams, with a particular focus on protecting vulnerable groups.
From the end of 2025, a daily transfer and payment limit of 50,000 baht will be introduced for existing bank customers, while new customers will face immediate restrictions, claims Nation Thailand.
Daranee Saeju, assistant governor for payment systems and financial consumer protection at the BOT, said the move comes amid rising concerns about fraud, especially from call centre gangs and online scammers. “The goal is to protect against fraud, especially as scam activity remains high,” she said.
Under the new framework, banks will be required to set transfer limits based on individual transaction histories. For example, long-standing customers with consistent transaction patterns may not face strict limits, while new account holders or those with irregular activity could see tighter controls at the outset.
The initiative particularly targets vulnerable groups, such as the elderly and minors, who are frequently targeted by fraudsters. In addition to the 50,000 baht cap, banks will closely monitor transactions involving customers over 65 or under 15, introducing additional restrictions where needed.
Fraud has become a growing concern in Thailand. In Q2 2025 alone, financial losses from scams totalled 6bn baht. More than 3m accounts have been suspended as of July 2025, with 177,000 of them linked to fraudulent activities. In June 2025, 24,500 scam cases resulted in losses of 2.8bn baht.
Daranee emphasised that the BOT recognises the potential inconvenience for some legitimate transactions but insisted the measures were necessary. She added that the central bank would continue refining its approach and work with financial institutions to ensure stronger protection for consumers.
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