New BOT Rules: Online Gold Purchases Capped at 50M Baht/Day, Effective March 1

Matichon•Economy•266d ago

Reader Briefing

The Bank of Thailand (BOT) has introduced stricter regulations for online gold trading, setting a daily purchase limit of 50 million baht per individual.

•The Bank of Thailand announced new regulations for online gold trading.
•The new rules implement a daily transaction limit of 50 million baht per person for online gold purchases.
•These regulations will take effect on March 1, 2569 B.E. (2026 A.D.).

Overview

•On Jan 29, the Bank of Thailand announced new regulations regarding foreign exchange. (B.E. 2567 -> 2024)
•An announcement was made concerning 'Regulations and Operating Procedures for Foreign Exchange (Issue 37)' citing authority from a Ministry of Finance announcement dated March 31. (B.E. 2547 -> 2004)
•A new clause, 47/5, has been added to Section 9 of the existing regulations concerning the buying and selling of gold via electronic service providers operating outside of futures exchanges.
•The value limit for gold in an individual's trading account is set at 50 million baht. (B.E. 2569 -> 2026)
•Individuals with gold trading account values exceeding 50 million baht before January 31, 2026, can sell such gold to service providers without the new transaction limit. (B.E. 2569 -> 2026)
•The new regulations apply to online gold buying and selling transactions conducted by service providers. (B.E. 2569 -> 2026)
•The announcement stipulates that these regulations will come into force on March 1, 2026. (B.E. 2569 -> 2026)
•Service providers facilitating gold trading must not conduct transactions for others or to evade legal compliance with foreign exchange control laws.

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Key Entities

Organization

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The central bank of Thailand that announced new regulations for online gold purchases.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The Thai government ministry that issued the foundational announcement on foreign exchange control, providing the authority for the Bank of Thailand's new regulations.

Person

Officer Controlling Foreign Exchange(เจ้าพนักงานควบคุมการแลกเปลี่ยนเงิน)

An official authority within the Bank of Thailand responsible for issuing foreign exchange regulations, including the new rules for online gold trading.