Any idea if this will impact inbound transfers?
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 recent change in KPlus banking limits, capping outbound transfers to 50,000 THB per day, has raised concerns among users regarding its impact on inbound transfers. Users speculate that while the limit affects outbound transactions, it does not apply to incoming deposits, allowing them to continue using KPlus for receiving international funds. Some users noted they could adjust their daily limits at the bank, while others reported conflicting experiences in the app. Overall, the conversation suggests that inbound transfers should remain unaffected despite the new restrictions.