Bank of Thailand Seeks Feedback on New Bank Fees, Effective June 1st.

MGR Online•General•17h ago

Reader Briefing

The Bank of Thailand is proposing standardized bank fees for 15 services, seeking public input before a June 1st implementation.

•The Bank of Thailand (BOT) is soliciting feedback on draft regulations for bank service fees.
•Changes include revised fees for statements, account maintenance, ATM/debit cards, and cross-provincial transactions.
•The public hearing period is from April 10, 2026, to May 10, 2026, with new fees effective June 1, 2026.
•The initiative aims to ensure fair pricing and transparency in financial services.

•From April 10, 2026, to May 10, 2026, the Bank of Thailand is accepting public comments on proposed new bank fees.
•The Bank of Thailand announced the opening of public hearings for draft regulations on standardizing service fees and service provision.
•The Bank of Thailand is proposing changes to 15 fee items, including statement requests, account maintenance, and card fees.
•The Bank of Thailand is implementing these changes to address discrepancies between service fees and actual costs, driven by technological advancements.
•For individuals, monthly account maintenance fees will be reduced to no more than 20 baht, and ATM/debit card annual fees will be capped at 150-200 baht.
•Cross-provincial transaction fees for electronic channels will be waived, benefiting a wider range of the public.
•The new standardized bank fees are scheduled to be officially announced and implemented starting from June 1, 2026.

Full article content is available on the original source.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The central bank of Thailand, which is initiating a public hearing for new standardized bank fees.