I heard today that the sending of ฿50,000.00 or more per transfer will not be permitted to all banks in Thailand from next month. Previously Bangkok Bank, Kasikorn Bank, and Siam Commercial Bank were exempt for this regulation.
Could anyone on here confirm this?
Sounds unlikely but, go on, what was the reliable source of this revelation.
Nor me.
It was apparently reported in Bangkok Post and Thaiger a few days ago. Probably under "money laundering".
I will check with my bank soon.Probably not.
There is no proposal to "not permit transfers over 50k".........I suspect that you could smell the bu11shit when whoever it was, told you.
The banks have agreed to comply with new cyber security rules by June.
These include using facial recognition for transfers over 50k.
Nothing to do with incoming transfers.
Banks agree to comply with Bank of Thailand security measures by June
State-owned and commercial banks have agreed to comply with the Bank of Thailandwww.bangkokpost.com
As far as the three banks we deal with are aware, there is nothing planned or intended to limit ANY monetry transactionsI will check with my bank soon.