Register for the “Quick Debt Closure, Move Forward” Program: Check Eligibility and Conditions for Participants

Register for the “Quick Debt Closure, Move Forward” program to assist people with debts not exceeding 100,000 baht in clearing bad debts and improving credit history, along with checking eligibility and conditions for those qualified to participate in the program.

On 6 Jan 2026, reports stated that following collaboration between the Ministry of Finance, the Bank of Thailand (BOT), and the financial sector, a special mechanism was launched under the “Quick Debt Closure, Move Forward” project, which opened registration on 5 Jan 2026. Eligible participants must meet the following criteria.

Eligibility criteria for the “Quick Debt Closure, Move Forward” program.

Those eligible to participate in the “Quick Debt Closure, Move Forward” program must meet the following qualifications.

Debtors who meet the program's conditions can participate, provided they fulfill all the following requirements:

1. Be an individual debtor.

2. Have debts overdue on principal or interest for more than 90 days (NPL) as of 30 Sep 2025, counted from the due date.

3. Have total NPL debts from all financial service providers and all types of loans not exceeding 100,000 baht per person (counting only providers reporting to the National Credit Bureau (NCB) and based on NCB debt data).

4. Not be bankrupt or listed on the Anti-Money Laundering Office (AMLO) sanction list.

Loans excluded from the “Quick Debt Closure, Move Forward” program.

• Vehicle title loans and nano finance loans guaranteed by the Small Industry Credit Guarantee Corporation (SICGC) are excluded as these are secured loans.
• Debts with final court judgments.
• Debts involved in lawsuits combined with other debts not included in this program.
• Other debts violating laws or regulatory guidelines, such as debts of owners of black, dark gray, or light gray accounts.

Registration channels for the “Quick Debt Closure, Move Forward” program.

The Bank of Thailand has opened registration for the “Quick Debt Closure, Move Forward” program since 5 Jan 2026. Debtors meeting the above conditions can register through the following channels.

1. The Bank of Thailand website (www.bot.or.th/cleardebt)

2. The channel of Sukhumvit Asset Management Company Limited (SAM) (www.sam.or.th)

3. Channels of participating financial institutions. Initially, the program will cover debtors of commercial banks and their financial business groups first.

Debt repayment measures.

Under the project, Sukhumvit Asset Management Company Limited (SAM), acting as a Social Asset Management Company (Social AMC), will purchase unsecured bad debts from eligible debtors and restructure them with more lenient terms, such as reducing principal amounts or waiving all interest and fees if conditions are met. This aims to help debtors repay effectively, close debts faster, and improve their credit records with the National Credit Bureau, enhancing their chances of accessing system loans again. Debtors can choose repayment measures suitable to their ability, including:

1. Paying off debts in full immediately by settling a portion of the debt.

2. Paying in installments for up to 3 years without interest during the participation period.

After registration, debtors will be contacted by SAM or its representatives. For further inquiries, information is available via the Bank of Thailand (BOT contact center 1213), SAM (call center 1443 press 6), or the original creditor's call center starting 5 Jan 2026.

Information fromthe Bank of Thailand (BOT),and SAM