ATM users will be required to use their debit or credit cards as proof of identity to deposit money starting next month.
Starting Nov. 15, depositing cash at ATMs belonging to 11 banks will require the use of cards, according to the new regulations from the Anti-Money Laundering Office meant to combat money laundering.
The requirement applies to all major banks: Krungthai, Kasikorn, Siam Commercial, Bangkok, Ayudhya, TMB, Thanachart, UOB, Kiatnakin Phatra, CIMB, Government Savings, and Government Housing.
No fees will be charged for inserting cards for identification, but deposit fees will be assessed depending on the rules of each bank.
The move was criticized for not allowing people to use other forms of identification.
“So why not use your national ID card? Don’t they have chips in those cards?” one reader wrote.
“And why do we have ID cards…
