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
The user reports that their Kplus bank account has implemented a daily transfer limit of 50,000 THB, affecting their consistency in transferring funds from Europe for personal expenses. After being a customer for four years without any issues, the sudden change prompted concerns about bank regulations and the need to potentially switch to another bank to avoid limits. Many comments discuss similar experiences, highlighting that recent regulations require customers to register face recognition at bank branches to raise transfer limits. Some users have successfully managed to transfer larger amounts after following the new protocol, while others continue to face challenges. There are also mentions of alternative banking options that have fewer restrictions.