Updating your passport info at your bank or the money will be confiscated rumors. Is ABSOLUTELY FALSE. It’s true that all foreigners with Thai bank accounts need to update their passport information or they will not be able to use the bank phone apps. I bank with Bangkok bank hope this helps and people don’t panic.
TLDR : Answer Summary
Foreigners with Thai bank accounts, such as those with Bangkok Bank, must update their passport information to avoid restrictions on mobile banking services. It is a common misconception that not updating this information will lead to confiscation of funds. Instead, accounts could be frozen if passport details are not updated within 30 days of receiving a new passport. Additionally, users are required to have a Thai mobile number registered in their name linked to their bank account for mobile banking access.