Interbank online retail funds transfer value Thailand 2014-2023

Published by Kankanit Ciba, Oct 16, 2024

The value of payment transactions processed through interbank online retail funds transfer (ORFT) in Thailand reached its peak with more than 46 trillion Thai baht in 2023, higher than the previous year, which was around 42 trillion Thai baht. The value of ORFT transactions in Thailand has increased significantly over the years.

Value of payment transactions processed through interbank online retail funds transfer in Thailand from 2014 to 2023 (in trillion Thai baht)

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Release date

September 2024

Region

Thailand

Survey time period

2014 to 2023

Supplementary notes

Figures have been rounded.

One Thai baht is equal to 0.030 U.S. dollars and 0.027 euros as of October 2024.

The release date is the last update date.

Online Retail Funds Transfer (ORFT) is part of e-payments in Thailand, in which interbank retail funds transfer can be performed through an interbank network.

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