Skip to main content

The claim

People are withdrawing money from the Bank for Agriculture and Agricultural Cooperatives (BAAC) due to the government’s Digital Wallet project.

Rating

Misleading

Reviewed by Factcrescendo Thailand ↗ ·

Original fact check ↗

Original review summary

The review found that the images shared as evidence of people withdrawing money over the Digital Wallet project were from earlier news stories, not current events. BAAC also said it continued to manage its liquidity and strength according to financial institution standards.[S1]

Additional context

The review traces the images to reports about BAAC branches in Nakhonsawan on December 13, 2016, and Lampang on May 22, 2020. [S1]

Research date:

Sources and attribution

  1. [S1] Factcrescendo Thailand original review

    Original review · Retrieved October 17, 2026