In regards to the transaction limit on a KBank bank savings account. I've just spoken the KBank they confirm the single transaction limit is 50kthb with the total daily limit also 50kthb. He said there is a project at the bank to apply face recognition to the account at which time they will allow higher amounts.
Also if you have a debit card on your account you can make purchases up to 500kthb depending on your credit with the bank, so can make purchases at shops and the like. This seems high to me but I asked him twice. Cash from a ATM is 30kthb a limit of the cash machine. He also said you could make transfers on the card up to 1m. Really?
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TLDR : Answer Summary
The transaction limits for a KBank savings account are confirmed to be 50,000 THB for a single transaction and a total daily limit of 50,000 THB. However, with a debit card, purchases can be made up to 500,000 THB depending on credit availability. Cash withdrawals from ATMs are limited to 30,000 THB, but transfers can be made up to 1,000,000 THB with appropriate verification. There is also an upcoming facial recognition project that may increase transaction limits.
I visited my KK Bank yesterday and inquired about transaction limit. .... they knew a 50,000 transaction required photo verification
My daily limit is set at 500, 000
I asked for facial verification and they took a photo
Alan *******
I spent
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an hour in my K Bank withdrawing 45k to pay off our car loan. Had to sign 7 (seven) withdrawal slips, as the teller didn't like my signature!, not seen him on the till since. As you say 30k from ATM . Not received any Facial request, as yet!
no not that I'm aware of, also if I try to do face recognition on my app it says "For Thai customers only". I don't need to send large amounts with Kbank I would do that with Bangkok bank that I have face ID on. But that take 10 minutes to do... not a fan.
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Colin **********
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