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New customers will be defined as "high-risk" with, a separate classification from "vulnerable" which is for under 15s and over 65s. The limit for these "high-ri
by Stevvo 1y ago
New customers will be defined as "high-risk" with, a separate classification from "vulnerable" which is for under 15s and over 65s.
The limit for these "high-risk" customers is 50000 baht a day, which is surely going to be inconvenient to deal with if you ever need it, e.g. for medical bills.
- nxobject 1y agoMedical bills are usually a lot more reasonable than that in Thailand - we have a competitive healthcare market that’s backstopped by a public hospitals and a public universal healthcare system.
- Ekaros 1y ago1 344,17 Euro Which to me seems entirely reasonable limit. Such transactions are relatively rare.
- ameliaquining 1y agoMedical providers are probably okay with getting paid in 50,000-baht daily installments if necessary?
- StopDisinfo910 1y agoThat’s two months of the country median income. I’m pretty sure medical providers will be okay. That’s mostly annoying for inter accounts movement if you move money around a bit but I think you would get higher capacity if you are concerned.
- hnlmorg 1y agoThe article also said that you can apply to make larger transfers and the process gets approved within a few hours (so basically “same day”. That means unusual payments like home purchases can be approved. But fraud is significantly harder…at least in theory.