BOT Imposes Daily Transfer Limits on Youth Accounts Amidst Fraud Surge
Business

BOT Imposes Daily Transfer Limits on Youth Accounts Amidst Fraud Surge

The Bank of Thailand (BOT) has introduced new daily transfer limits for accounts held by children and teenagers to combat a surge in youth mule accounts linked to online fraud. Reported cases saw a 70% increase and losses exceeding 185 million baht between early 2025 and early 2026.

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