Kplus — Can no longer transfer more than 50k thb per “day” anymore, all I ever used the account was for getting money from Europe, twice a month for many years on average with out issue to pay the wife and bills. This is despite me using a correct simcard and already did facial scan at the bank a while back. Probably gonna take a few days to move funds out gonna switch banks. This is utterly ridiculous. Been with them for 4 years with no issues. Luckily, I have four other Thai banks with no such limits. Only been using K plus because they are usually the fastest for international transfers might keep using them. Hopefully inbound won’t be impacted. I don’t think so, but won’t be using them for storing money or paying bills.
TLDR : Answer Summary
A user expressed frustration over a recent change by KPlus, which now limits daily transfers to 50,000 THB, despite having previously sent higher amounts without issues. Other users shared experiences and suggested that some banks, such as Bangkok Bank, remain unaffected by these new limits. It appears users must undergo a new electronic ID registration involving facial recognition to maintain higher transfer limits. While some users reported successful large transfers with other banks, there’s a consensus this limitation could be tied to new regulations cracking down on money laundering.