My friend has a Retirement visa. Got her certificate of residency at Udon Thani immigration. Her primary account is BBL in BKK. So she opened a second bank account in Kasikorn bank in UTH as she's staying in UTH long term.
Surprised that Kbank said as a foreigner, her daily withdrawal limit for apps transfer, ATM withdrawal, cardless withdrawal is THB 50,000. QR code payment limit is THB 5,000. They only told her this limit after they set up her account.
Bank said this is the latest rule for Foreigner.
I find this extremely difficult to operate. For any payments that's larger amount than THB 50,000, she needs to go to the bank, stand in line to do a transfer to third party payee.
Kasikorn bank used to have a transaction limit of 5 million per day for K+ app.
I understand that they are cracking down on scammers etc, but a limit of THB 50,000 is ridiculous!
Told my friend to continue to use her BBL instead to make payments to suppliers. (she's building a house).
I hope Kbank's new rule for foreigner doesn't affect older customers prior to the change. πππ
TLDR : Answer Summary
A user shares frustration regarding the new daily withdrawal limits for foreigners at Kasikorn Bank (Kbank) in Thailand. Her friend, a foreigner with a Retirement visa, discovered the limits were reduced to THB 50,000 for ATM and app transfers, and THB 5,000 for QR code payments, compared to previously higher limits. The post discusses the difficulties this poses for larger transactions, especially for foreigners needing to make substantial payments for housing. Several comments offer experiences and suggest methods to navigate the new rules, highlighting a sense of dissatisfaction among users regarding how these limitations impact their operations in Thailand.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.