The Bank of Thailand and 11 financial associations signed a framework against illegal financial flows. Cash withdrawals above 5 million baht fell over 50% after the cap, and large gold bar withdrawals dropped about 70% after reporting rules over 2 kg. Expect stricter KYC/CDD checks at banks, e-payment providers and non-bank lenders, and closer scrutiny of foreign-linked accounts in tourist provinces. If your business moves large cash or gold, keep clear records of source and purpose to avoid delays in bank transactions.
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