UK embassy also stopped issuing income certificates... My local immigration still insist on it... They wont accept bank statements and verification letter, without an income certificate...
The average Thai won't be affected because they tend to buy things on credit.
Since most foreigners can't get credit, we pay cash or transfers... They want us bringing money into the country, but then don't allow us to spend it... Duh
I guess the sale of aluminium brief cases will go up... 😉
my Krungthai account was limited to 50,000 per transfer 18 months ago, but the silly thing is I still have a daily transfer limit of 2,000,000... So can transfer 2,000,000, but 40 transfers of 50,0000...
The bank staff insist Thai Banking regulationg forbid foreigners to transfer more than 50,000...
Not true. Banking regulations currently limit anyone to 50,000 baht for App transfers, IF not completed the facial recognition... Since the Krungthai app's facial recognition doesn't work for a lot of western faces, you have to go in the bank and they bypass it, to get the app working... Bypassing the facial recognition limits app transfers to 50,000...