Check the Timeline for issuing 10,000 Baht digital money with latest digital wallet.

Check out the timeline of the latest 10,000 baht digital money transaction and get clear results by July 24.

Mr. After Babum Rojanasakul, the Deputy Minister of Finance discusses the progress of the project to distribute 10,000 baht digital money through digital wallets. What types of products can participate in the program? Is this possible or not? There will be a list of products that cannot participate in the program (currently, Ministry of Commerce). It is developed but not yet finalized. But products in electronic group are more likely and imported products such as mobile phones and smartphones are designated as negative list products, please wait for the result again.

Latest Timeline of 10,000 Baht Digital Money Supply Scheme

Date: 10 July 2024

  • A sub-committee meeting will be held to run the digital wallet project.

Date: 15 July 2024

  • PM to hold policy committee meeting for 10,000 baht top-up scheme through digital wallet

Date: 24 July 2024

  • The Prime Minister will hold another press conference regarding the digital wallet project. The opening date is ready to be announced to the public. and shops registered in the scheme

Date: 30 July 2024

  • The Cabinet has approved the details of the scheme proposed by the Finance Ministry as the Secretary of the Digital Wallet Committee

As for the initial record of issuance of 10,000 baht digital money, it is still scheduled for the 3rd quarter of 2024 and the payment will be made in the 4th quarter of the same year. But no date has been set yet.

You can verify your identity step by step through advance KYC system through government app to avoid focusing on identity verification by interested parties and those with all the specified qualifications. Before the opening of registration for digital wallet project rights

What things can't you buy with 10,000 baht digital money?

  • Government Lottery
  • Alcoholic beverages
  • Tobacco
  • Marijuana
  • cottage
  • kratom plant
  • Cannabis and kratom products
  • Gift certificate
  • Cash card
  • Gold
  • Diamond
  • gem
  • gem
  • Fuel
  • Natural gas
  • Services cannot be combined.
  • mobile phone
  • Fertilizer
  • Insecticide

The Ministry of Commerce will re-determine the list of products that can participate in the 10,000 baht digital money scheme.

Eligibility: Eligible to receive 10,000 baht digital cash

Age criteria

  • Must be a Thai citizen
  • Be 16 years of age on September 30, 2024.
  • OR must have been born before October 1, 2008

Deposit criteria

  • Keep a deposit not exceeding 500,000 baht
  • Count all baud deposits in each account.
  • Government banks including commercial bank deposits and savings accounts, fixed deposit accounts.
  • Savings Lottery Excludes Government Savings Bank Lottery.
  • Deposits will be counted till March 31, 2024.

Income criteria

  • Income not exceeding 840,000 baht per tax year or 70,000 baht per month.
  • Data collected from Department of Revenue as on December 31, 2023.
  • That means you must be a tax filer in the most recent year.

Digital money conditions are 10,000 baht

  • Spend within the district
  • Spend within 6 months
  • Expect to spend through government applications and can connect with other banks.
  • Small shop to buy locally produced products

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