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Bank of Thailand caps minors' daily digital transfers

5w ago

The Bank of Thailand is introducing daily digital transfer limits for minors aged 10-18 to combat fraud. Limits range from 3,000 to 10,000 baht per day depending on age group, with banks adopting by September and e-money providers by October. Expat parents with children holding Thai accounts should expect their kids' transfer limits to be reduced automatically.

Worth knowing about.

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