What are the consequences if I can't link my bank account to my phone number by the deadline in Thailand?

The Thai government has implemented a new regulation requiring all bank accounts to be linked to a phone number registered under the account holder's name, with a deadline that is approaching. If the deadline is missed, users may face temporary suspension of mobile banking services, although bank cards should still be usable for transactions. Users whose SIM cards are registered under a different name can update their details at the telecommunication provider and the bank. However, there is some uncertainty about whether accounts will be closed immediately if not updated by the deadline or if they will be reactivated once the details are corrected.