Central banks officially joined the meetings under APEC Finance Minister Process after the 6^th APEC Economic Leaders’ Meeting (AELM) in Kuala Lumpur, Malaysia in November 1998.

The BOT plays a role in the APEC Finance and Central Bank Deputies’ Meeting and APEC Senior Finance Officials’ Meetings, which is held annually and whereby the meeting’s resolutions will be reported to the APEC Finance Ministers’ Meeting (AFMM). 

Under Thailand’s APEC Chairmanship in 2022, the BOT proposed the initiative on APEC Payment Connectivity to promote financial linkages and developed the APEC Policy Considerations for Developing Cross-border Payments and Remittances to be one of deliverables under the APEC Finance Ministers’ Process (APEC FMP). The Policy Considerations provide guidelines and recommendations for APEC members to voluntarily apply when embarking on their cross-border linkages. This initiative will facilitate trade, investment, tourism, and people to make faster and cheaper cross-border transactions which will enhance economic growth and prosperity in the region.