3 hours ago, Gottfrid said:

So, here we have the correct information, instead of the false in a thread opened a while ago. Not so bad then. Now you not have to worry and get hysterical guys!

"Now you not have to worry and get hysterical guys!"

They still will as most of them appear to be hysterically illiterate.

2 hours ago, Showtime said:

  

Two words; credit cards

Definitely not Sir

3 hours ago, Peterphuket said:

First, it was no longer possible to bank via the internet and the webside.

It still is with, at least, Bangkok Bank, Kasikorn, UOB and Krungsri.

3 hours ago, Nickcage49 said:

They’re trying to drive all foreigners out of the country aren’t they? So fricking stupid.

No, they're not, this is not just for foreigners.  You're right, though, about the self-critical "so fricking stupid" bit for those who cannot read..  

3 hours ago, Farmerslife said:

Relax.

It applies to mobile banking only and can be circumvented by the advance requesting of an increase. Also those who regularly make higher transfers will be profiled accordingly and unaffected.

How many transactions do the majority of people make that required the instantaneous transfer of amounts in excess of 50,000 baht?

 For those few occasions when you can't plan ahead then if all else fails, there is always the option of visiting a branch and arranging a transfer there and then.

 

 

 

Yea, that is pretty much how I see it, why would the average need to transfer 50k+ plus anyway, and when you may have to as you say go to the branch or another way.

3 hours ago, Farmerslife said:

Relax.

It applies to mobile banking only and can be circumvented by the advance requesting of an increase.

They've all read that but still use it as a Thai-bashing excuse!

3 hours ago, AhFarangJa said:

Spot on, all part of the drive towards CDBC, and total control. 

B0llocks.

3 hours ago, Peterphuket said:

If I book a flight ticket, I don't have the option of going to the bank for a while....

So buy the ticket with your debit/ATM card!   The regs apply to app transfers, not purchases.

3 hours ago, lordgrinz said:

Bankers finding new ways of controlling/restricting your access to "your" money? Who would have thought.

"Midland bankers" find new ways of deliberately misinterpreting what is actually happening!  Who would have thought?"

3 hours ago, NanLaew said:

That's why banks globally have encouraged their customers to use their apps, moving away from the more unsafe and hackable web-based banking presence,

Man, did you ever get a wrong number.....

https://www.suissebank.com/en/why-is-mobile-banking-considered-riskier-than-online-banking.html

People do not seem to grasp the difference between the rules and procedures of smart phone based Bank applications, and Online computer based Bank programs.  

The online bank programs have very good tools to manage and control the size of transfers and payments.

People should spend less time in "knee jerk victim based complaining mode" and more time on their Online Bank Programs, learning how to manage limits and transfers.

4 hours ago, NanLaew said:

 

Who's Klaus?

AKA Santa.

1 hour ago, PB172111 said:

3 hours ago, Showtime said:

Two words; credit cards

Definitely not Sir

Why not?

I'm in UK, so my banking arrangements may differ from those in Thailand, but If you use a credit card for large transactions you have the benefit of the card protection plus if it gets "scammed" it's the card company's money that they have to TRY to get out of you rather than your money that you have to fight to get back.

I always use a CC for large transactions for that reason, then I can pay the card when I'm satisfied that all is good.

 

In the same way, I have my Google Wallet linked to a card rather than a bank account.

5 hours ago, chang50 said:

Who else pines for the Prayut administration?

 

I keep saying it. Prayuth was better. Okay, now let the usual avalanche of thumbs down begin.

10 minutes ago, JustinTyme said:

People do not seem to grasp the difference between the rules and procedures of smart phone based Bank applications, and Online computer based Bank programs.  

The online bank programs have very good tools to manage and control the size of transfers and payments.

People should spend less time in "knee jerk victim based complaining mode" and more time on their Online Bank Programs, learning how to manage limits and transfers.

I agree except that, apparently, many of the Thai banks have shut down their online banking, thus forcing customers to use their App.

I know SCB did that so my account, held for more than 20 years is no more.

 

I prefer to be offered the choice of App or online banking and inevitably choose the latter. I'm very tech-savvy but apart from Google Wallet, to which I referred in my post above, I just don't do banking on my phone..

My computers are secure and not accessible to be lost or stolen and hacked. 

1 hour ago, Liverpool Lou said:

"Now you not have to worry and get hysterical guys!"

They still will as most of them appear to be hysterically illiterate.

Yeah, you are probably right. 

4 minutes ago, John Drake said:

 

I keep saying it. Prayuth was better. Okay, now let the usual avalanche of thumbs down begin.

I can agree that he was better. However, the country should not need to run under military dictatorship.

2 hours ago, lordgrinz said:

 

The apps are secure, the people using them are idiots. Maybe before someone is allowed to use the apps, they must first take a special course on how to use them responsibly. Sorta of like proper training for driving, before handing out a license like it's free candy. 

You mean that you agree with the latest BOT directions that anyone over 65 are idiots who will not use them properly.

Hope you are not that old.

1 hour ago, Liverpool Lou said:

So buy the ticket with your debit/ATM card!   The regs apply to app transfers, not purchases.

Check again the BOT directions that came out today or yesterday.

Just now, GreasyFingers said:

You mean that you agree with the latest BOT directions that anyone over 65 are idiots who will not use them properly.

Hope you are not that old.

 

If they allow themselves to be scammed, Yes. Maybe a basic banking course and/or questionnaire should be prepared and signed offed on before allowing use. 

1 minute ago, lordgrinz said:

 

If they allow themselves to be scammed, Yes. Maybe a basic banking course and/or questionnaire should be prepared and signed offed on before allowing use. 

You missed the whole point. It is compulsory for the banks to limit the amount for over 65 years. We do not get a choice.

2 minutes ago, GreasyFingers said:

You missed the whole point. It is compulsory for the banks to limit the amount for over 65 years. We do not get a choice.

 

"Customers with positive financial histories remain unaffected"

2 minutes ago, lordgrinz said:

 

"Customers with positive financial histories remain unaffected"

It does not say that applies to the over 65s. What is the definition of positive financial histories. Keep clutching at straws.

1 hour ago, JimGant said:

4 hours ago, NanLaew said:

That's why banks globally have encouraged their customers to use their apps, moving away from the more unsafe and hackable web-based banking presence,

Man, did you ever get a wrong number.....

https://www.suissebank.com/en/why-is-mobile-banking-considered-riskier-than-online-banking.html

 

Thanks for that, very insightful. Both methods have unique security issues. The key takeaway is that despite banks and financial institutions making their programs and apps as bullet-proof as possible, they have to be reliant on the end-user keeping their PC, laptop or smartphone 'clean' as well as current with operating systems and apps.

1 minute ago, GreasyFingers said:

It does not say that applies to the over 65s. What is the definition of positive financial histories. Keep clutching at straws.

 

"Clutching at straws" is exactly what you are doing.

9 minutes ago, NanLaew said:

 

Thanks for that, very insightful. Both methods have unique security issues. The key takeaway is that despite banks and financial institutions making their programs and apps as bullet-proof as possible, they have to be reliant on the end-user keeping their PC, laptop or smartphone 'clean' as well as current with operating systems and apps.

 

I can tell you from experience, many years of it, that most people are dumb as a box of rocks at protecting themselves in the internet age.

And yet they will be allowing crypto currency...which was created to avoid scrutiny of transactions, and used extensively by criminal organisations, and individuals.

Another case of the hassles, extra steps and inconvenience we have to go through because of criminals.

 

I already configured low transfer limits, alerts/notifications whenever a transaction occurs.

 

I just want the ability to adjust the limits to higher amounts without a hassle.  People say just go to a Branch.  Some places like Pattaya most branches have a queue of 30 minutes or more.  Factoring in time to drive and if you need to make the transfers more often you can understand some customers frustration.

 

Unfortunately again we must all suffer because of the actions of a few.

I will now be keeping some excess cash in my Wise account in case of emergencies. 

12 minutes ago, J Branche said:

Another case of the hassles, extra steps and inconvenience we have to go through because of criminals.

 

I already configured low transfer limits, alerts/notifications whenever a transaction occurs.

 

I just want the ability to adjust the limits to higher amounts without a hassle.  People say just go to a Branch.  Some places like Pattaya most branches have a queue of 30 minutes or more.  Factoring in time to drive and if you need to make the transfers more often you can understand some customers frustration.

 

Unfortunately again we must all suffer because of the actions of a few.

It is really a case of the banks and debit/credit card suppliers just protecting themselves. Have just read the new KBank terms and conditions. The banks are like the angels in heaven and can do no wrong. All responsibility is placed on the customer if there is a loss.

Their rules probably would not hold up in a western court but TIT.