BANGKOK, August 21st, 2025 — The Bank of Thailand (BOT) moved swiftly to address public concerns on Wednesday, clarifying that proposed daily transfer limits of 50,000 baht will not apply universally, following widespread panic over initial reports suggesting blanket restrictions to combat fraud.
The central bank issued a statement via its official Facebook page after reports surfaced that the BOT planned to enforce a 50,000 baht daily transfer cap for all customers by 2025 as a measure to reduce fraud risks and protect consumers from scams. The announcement sparked public unease, bringing immediate clarification.“There is no need to worry. Not everyone will be subject to the 50,000 baht transfer limit,” the BOT said in its statement.
The central bank explained that most customers will receive transfer limits tailored to their typical transaction patterns. For example, individuals who regularly transfer amounts exceeding 50,000 baht will be granted higher limits to accommodate their needs.
However, certain customer groups will face the 50,000 baht daily limit to ensure the effectiveness of anti-fraud measures. These include:1. Customers identified as potential fraud risks.
2. Customers with limited banking history at their financial institution.
3. Customers whose regular transfers typically do not exceed 50,000 baht.
The BOT assured that customers in the second and third categories who require emergency transfers or wish to increase their limits can contact their financial institutions through mobile banking apps, call centers, or in-person branch visits.
The clarification aims to ease concerns while maintaining the central bank’s commitment to enhancing consumer protection against rising financial scams.
Photos: Stock photos of Thailand.
For the original version of this article, please visit The Pattaya News.
