Bank of Thailand Caps Youth Digital Transfers at 10,000 Baht

The Bank of Thailand has teamed up with the Thai Bankers Association and e-Money operators to impose strict limits on digital transfers and payments for users aged 10-18, aiming to combat fraud schemes that exploit young people into opening so-called "mule accounts." The central bank revealed on July 31, 2025, that criminals increasingly use youth bank accounts and e-Money accounts as intermediaries for financial crimes, unwittingly involving minors in illegal activities. To address this risk, the regulator has established age-based spending caps for digital channels: ages 10-12 are limited to 3,000 baht per day on e-Money accounts; ages 12-15 can transfer up to 5,000 baht per day through bank digital channels; and ages 15-18 can transfer up to 10,000 baht per day. These limits exclude low-risk transactions such as transfers within the same app. Banks and e-Money providers must notify customers before implementing the changes and allow those with legitimate needs to request higher limits through mobile banking, call centers, or branches. Commercial banks will complete the rollout by September 2025, while e-Money operators will finish by October 2025. The Bank of Thailand emphasized that parents should educate their children that opening accounts or allowing others to use their accounts can result in criminal liability. The central bank will closely monitor fraudster behavior and adjust measures as financial crime tactics evolve.