My friend has a Retirement visa. Got her certificate of residency at Udon Thani immigration. Her primary account is BBL in BKK. So she opened a second bank account in Kasikorn bank in UTH as she's staying in UTH long term.

Surprised that Kbank said as a foreigner, her daily withdrawal limit for apps transfer, ATM withdrawal, cardless withdrawal is THB 50,000. QR code payment limit is THB 5,000. They only told her this limit after they set up her account.

Bank said this is the latest rule for Foreigner.

I find this extremely difficult to operate. For any payments that's larger amount than THB 50,000, she needs to go to the bank, stand in line to do a transfer to third party payee.

Kasikorn bank used to have a transaction limit of 5 million per day for K+ app.

I understand that they are cracking down on scammers etc, but a limit of THB 50,000 is ridiculous!

Told my friend to continue to use her BBL instead to make payments to suppliers. (she's building a house).

I hope Kbank's new rule for foreigner doesn't affect older customers prior to the change. 🙏🙏🙏