Nation Thailand
BOT to standardise 19 financial service charges under new rules
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The Bank of Thailand (BOT) is beginning to enforce measures to set service-charge standards and gradually reduce fees on several financial products from Wednesday (July 1, 2026) onwards, to ease expenses for the public and small and medium-sized enterprises (SMEs), while raising standards for how financial institutions calculate service charges so they are more transparent, fair and more closely reflect actual costs.
Key facts
- Vitai Ratanakorn, Governor of the Bank of Thailand, said the new rules covered four categories of fees, comprising 19 items in total.
- 23/2026 on the standardisation of service charges and services.
- The measures will gradually take effect from Wednesday (July 1, 2026) through October 2026, to allow financial institutions to improve their systems and operations so they fully comply with the new requirements.
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Summary
Vitai Ratanakorn, Governor of the Bank of Thailand, said the new rules covered four categories of fees, comprising 19 items in total.
The aim is to standardise charges levied by commercial banks and credit card business operators, reduce disparities in fee collection and give the public greater access to financial services at appropriate costs.