So.. Last year, when I tried to pay for my medical insurance, I got an error message in the bank app, saying i need to visit the bank.
I went to the local Krungthai and was told that new banking regulations forbid foreigners transfering more than 50,000 per transfer...
My daily transfer limit was 1,500,000 per day, so just did 2 transfers and haven't really thought about it since...
A few days ago, i mentioned this to an accountant and she spoke to me with disbelief, as tho I'm an idiot, because nobody else has ever heard of this... Saying I just need to go in and change the limit...
I went to the local Krungthai branch and was told that thai banking regulations forbid foreigners, transfering more than 50,000 per transfer and if I need to transfer more, i need to do more than one transfer, or withdraw the cash and transfer by hand.... So if i need to transfer 800,000, I can do 16 transfers or withdraw the cash...
I went to the provincial branch and they said pretty much the same... Thai Banking regulations forbid foreigners transfering more than 50,000 in the app... ( "in the app" is a significant change.) If I need to transfer more, I can do in the bank... Slightly different story, but better than the local branch.
I went to the provincial branch of Bangkok Bank, asked to change the transfer limit and it was done, instantly, no question asked...
Has anyone else experienced this nonsense, and which banks do or don't allow transfers of more than 50,000 baht?
