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BUSINESS

Thailand tightens mobile banking transfer limits

Somruedi Banchongduang, Published on 19/08/2025

» The Bank of Thailand has set a daily transfer limit of 50,000 baht for children and the elderly using mobile banking, seeking to curb financial fraud.

BUSINESS

Jailbroken phones slapped with ban

Business, Somruedi Banchongduang, Published on 21/12/2019

» Around 10,000 mobile phones that have been jailbroken or have outdated operating systems will be banned from making mobile banking transactions, starting from May 1, 2020, as part of the central bank's efforts to upgrade security for mobile banking.

BUSINESS

Central bank pushes chip-based cash cards

Business, Somruedi Banchongduang, Published on 18/09/2019

» The Bank of Thailand has urged holders of 20 million magnetic-stripe ATM and debit cards to change to chip-based cards by year-end to avoid being unable to use the cards after Jan 16, 2020.