BOT has developed BAHTNET as a financial infrastructure to increase the efficiency while reducing systemic risks within the payment system. There is no profit motive. In fact, the BAHTNET fee structure is meant to entice potential electronic funds transfers away from paper-based system.
At the beginning, with regards to the setting of service fees charged by member banks to their clients, BOT lets the market mechanism work freely, but initially set the ceilings in order to cap the fees to within a reasonable level. However, BOT has presently lifted such requirements to promote competition according to Bank of Thailand notification BOT. PSG (03) C. 3414/2543 The Removal of Third Party Funds Transfer Ceiling Fee 7 December B.E. 2543. Therefore, members are subject to set their own fees.
Third party funds transfer fee within Bangkok and metropolitan area consisting of Nontaburi, Pathumthani, Nakornprathom, Samutprakarn, Samutsakorn is subject to the same rate. In case of transfer across provincial area, customers will be charged in addition. Interested customers can contact all commercial banks and specialized banks for more information.