News Forum - Bank of Thailand announces new biometric scans for mobile banking

[Thaiger]

The Bank of Thailand has announced new measures to protect consumers from cyber-risks in mobile banking transactions. Biometric scans, such as facial scans, will be required for high-value transactions, including digital money transfers of over 50,000 baht per transaction, transfers over 200,000 baht per day, and credit transfer amounts of over 50,000 baht per transaction. …

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[Zig]

How does this affect someone who wants to send money to Thailand from overseas?...Can it still be wired as its always has been or will there biometrics needed?

[MPK]

28 minutes ago, Zig said:

How does this affect someone who wants to send money to Thailand from overseas?...Can it still be wired as its always has been or will there biometrics needed?

Should have no impact

[Guest1]

Bank of Thailand governor Sethaput Suthiwartnarueput said the amount of 50,000 baht was chosen because it is a frequent target of fraudsters.

So let me guess, fraudsters will go down to 48k-ish, then?

[Dada]

Sooo... we as foreigners cant transfer more than 50000 baht per transaction or more than 200000 baht per day with app...? Seriously? Using debit card still works I guess?

According to CIMB. This plan is not uhm planned out.

Edited June 13, 2023 by Dada