AMLO Reporting Made Easy: Section 16 Businesses, Meet CHECK+
Last updated: 14 Jul 2025
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Confused about AMLO reporting?
For businesses under Section 16 (2) of Thailand's Anti-Money Laundering Act B.E. 2542, specific transactions must be reported to the AMLO. Knowing what to report and how is key to avoiding penalties.
Here are the two crucial types of transactions you need to know:
1.Large Cash Transactions: Report cash transactions with customers of 2 million baht or more using AMLO Form 1-05-2. Submit within the following month.
2.Suspicious Transactions: Any unusual activity like frequent small purchases or transactions without a credit limit requires AMLO Form 1-05-10. Report these within 7 days.
Tired of manual, time-consuming reports?
CHECK+ is your solution! Our all-in-one digital platform simplifies AMLO compliance for Section 16 businesses:
>No more travel time.
>Reduce data entry errors.
>Eliminate document prep.
>No storage space needed.
>Cut compliance costs.
>Easy to use in just a few steps.
>Preview your reports before sending, ensuring accuracy every time!
Ready to streamline your AMLO compliance?
Contact CHECK+ today!
Email: sales@fyn.com
Line@: @checkplus (click https://lin.ee/x0s2xdg)
Tel: 02-219-5559 | 065-915-8222
FB: CheckPlusByFynnet
For full details on AMLO regulations, see https://www.goldtraders.or.th/downloads/amlo/AMLO-Gold.pdf
For businesses under Section 16 (2) of Thailand's Anti-Money Laundering Act B.E. 2542, specific transactions must be reported to the AMLO. Knowing what to report and how is key to avoiding penalties.
Here are the two crucial types of transactions you need to know:
1.Large Cash Transactions: Report cash transactions with customers of 2 million baht or more using AMLO Form 1-05-2. Submit within the following month.
2.Suspicious Transactions: Any unusual activity like frequent small purchases or transactions without a credit limit requires AMLO Form 1-05-10. Report these within 7 days.
Tired of manual, time-consuming reports?
CHECK+ is your solution! Our all-in-one digital platform simplifies AMLO compliance for Section 16 businesses:
>No more travel time.
>Reduce data entry errors.
>Eliminate document prep.
>No storage space needed.
>Cut compliance costs.
>Easy to use in just a few steps.
>Preview your reports before sending, ensuring accuracy every time!
Ready to streamline your AMLO compliance?
Contact CHECK+ today!
Email: sales@fyn.com
Line@: @checkplus (click https://lin.ee/x0s2xdg)
Tel: 02-219-5559 | 065-915-8222
FB: CheckPlusByFynnet
For full details on AMLO regulations, see https://www.goldtraders.or.th/downloads/amlo/AMLO-Gold.pdf
