2026 State Welfare Card: e-KYC identity verification required before using benefits, channel changes allowed

Money & Banking··TH·Read original
2▲0 ▼0Impact / 5
Summary · why it matters

The Ministry of Finance announced that those who pass the screening for the 2026 State Welfare Card project must complete identity verification via e-KYC if the system notifies them to do so, before they can use their benefits the following day. Those who wish to use their benefits through the Paotang app can verify their identity via the Paotang app until January 12, 2027. Identity verification through Krungthai Bank is also available until January 12, 2027. Identity verification through the Bank for Agriculture and Agricultural Cooperatives, the Government Savings Bank, the Government Housing Bank, and the Islamic Bank of Thailand, for those who wish to use their benefits through other channels, is available until October 14, 2026. As for changing the channel for using benefits, those who wish to switch from the Paotang app to their national ID card must do so at Krungthai Bank, while those who wish to switch from their national ID card to the Paotang app can do so themselves through the Paotang app.

Impact on assets 1

Financials▲ · 1 stocks
Krung Thai Bank Public Company Limited
KTB
± MixedRegulationrelevance

Krungthai Bank is designated as a channel for e-KYC identity verification and benefit-channel switching under the 2026 State Welfare Card project.

Off-coverage companies 3

Bank for Agriculture and Agricultural Cooperatives (BAAC)Private± Mixed
Regulationrelevance

BAAC is listed as one of the banks where welfare-card recipients can complete e-KYC identity verification.

Government Savings Bank (ธนาคารออมสิน)Private± Mixed
Regulationrelevance

Government Savings Bank is listed as one of the banks where welfare-card recipients can complete e-KYC identity verification.

Islamic Bank of ThailandPrivate± Mixed
Regulationrelevance

Islamic Bank of Thailand is listed as one of the banks where welfare-card recipients can complete e-KYC identity verification.

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