Kasikornbank: Verify SIM card name by April 30

[webfact]

Photo courtesy of KhaoSod

 

by Puntid Tantivangphaisal

Kasikornbank has announced that mobile banking customers need to ensure their registered name matches their mobile SIM card name by April 30. The bank outlined two conditions for this requirement. Customers who have not been contacted need not take any action.

 

Kasikornbank communicated through its Facebook page, KBank Live, regarding a measure to enhance mobile banking security. This initiative requires the user name to match the mobile SIM card holder’s name. Customers utilising K PLUS, LINE BK, or MAKE by KBank and meeting the criteria will receive instructions through these platforms starting from February 17.

The customer group required to act by April 30 comprises those who began using mobile banking services from 2022 onward and fall into one of two categories. The first category includes users of K PLUS, LINE BK, or MAKE by KBank who have a mobile number without a verifiable SIM card holder’s name. The second involves foreign customers whose mobile phone number’s SIM card name does not match the user name on K PLUS, LINE BK, or MAKE by KBank.

 

Customers fitting these descriptions will receive guidance via K PLUS, LINE BK, or MAKE by KBank from February 17 onward. Those who do not receive any notification are not required to take any action. This directive aims to ensure greater security and compliance for all mobile banking users, reported KhaoSod.

Photo courtesy of MoneyandBanking

In similar news, Thai telecom heavyweight True Corporation has firmly denied allegations of supplying SIM cards in bulk to call centre gangs, following a dramatic police raid in Bangkok.

 

The raid, carried out on December 20, targeted a condo on Rama IX Road in Huay Kwang, uncovering a staggering cache of criminal tech: 286 SIM boxes, over 300,000 SIM cards, 636 smartphones, and 100 computers. Six Chinese nationals were arrested in connection with the illicit operation.

 

SIM card fraud in Thailand involves criminals using fake identities or stolen data to register SIM cards for scams, financial fraud, and identity theft. Common schemes include phishing, OTP interception, and unauthorised transactions. Police have cracked down on illegal SIM card sales and strengthened registration regulations to curb fraud.

 

Source: The Thaiger 

-- 2025-02-01

 

 

[redwood1]

Whats up with Kasikornbank bank ?   First the tax thing now this... Good thing I use another bank.....

[UWEB]

6 minutes ago, redwood1 said:

Whats up with Kasikornbank bank ?   First the tax thing now this... Good thing I use another bank.....

All Banks have to do this, Kasikorn is just the first one.

[OneMoreFarang]

12 hours ago, webfact said:

Kasikornbank has announced that mobile banking customers need to ensure their registered name matches their mobile SIM card name by April 30.

That makes mobile banking more secure for all of us. Good. 

[bamnutsak]

12 hours ago, webfact said:

The raid, carried out on December 20, targeted a condo on Rama IX Road in Huay Kwang, uncovering a staggering cache of criminal tech: 286 SIM boxes, over 300,000 SIM cards

 

 

These were True SIM cards that the company claims were inactive, unregistered and purchased in small quantities from small distributors.

 

https://trueblog.dtac.co.th/blog/en/rama-9-call-center-case-2/

 

 

 

In a photo of a larger bust recently, the massive haul of SIM cards showed them to be Three (3) (U.K.) branded.

 

Probably a good idea to make sure your SIM card registration name matches your bank account name.

 

 

[KhunBENQ]

If your phone number is registered to two accounts of which one is not yours and for specific reason this is detected at the bank then AIS will give you 24h to verify your identity for the number else number suspended.

(first hand experience, message from AIS in Thai language only)

 

There was news some time ago that ALL banks have to make sure that the phone is registered for account holder.

Bet they get the data from the network operators.