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800,000 Baht rule problems


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On 2/18/2019 at 7:40 AM, melvinmelvin said:

shift the money to an account in another bank,

SCB, Bangkok Bank, Kasikorn - have several branch offices in Korat.

 

Yes move your acc.I have a FCA with Bkk Bank in £. I ask for a letter which states Pound Stirling and the Baht equivalent. With the words on it saying money can not be withdrawn out side of Thailand when I leave Thailand. This helps at border check with the 20,000B requested to have when entering the Kingdom again.

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On 2/18/2019 at 10:25 AM, asiamaster said:

A FCD (foreign currency account) with 25.000 Euro is not accepted. Sell the Euro and put it on a fixed deposit in a local bank. And get some kind of proof that you already had it in Thailand -albeit in foreign currency.

 

This is not true; immigration in Pattaya always accepted my USD dollar deposit at Bangkok bank

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On 2/18/2019 at 7:40 AM, melvinmelvin said:

shift the money to an account in another bank,

SCB, Bangkok Bank, Kasikorn - have several branch offices in Korat.

FCDs with SCB are equally as problematic, can only be liaised at the branch it was opened. I have one in Bangkok its a pain in the a...

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On 2/18/2019 at 7:40 AM, melvinmelvin said:

shift the money to an account in another bank,

SCB, Bangkok Bank, Kasikorn - have several branch offices in Korat.

 

if he does that it wont be in there 3 months will it?

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Banks do not work for you any more. They now make the rules to suit them selves. They look at things and if they can save any thing that's it. 

I have been with SCB for 15 yrs. I find them very good out of them all. They could improve the service in all the branches to employ an English speaking person. Pay them a little more. 

I just found out today when I updated my account for my monthly interest payments and found that tge government started a new tax in May. Before, if you received 20,000 baht in a year you get taxed on anything above the 20k. Now they tax you 15% each month on your interest earnings. 

Not to bad when I think about it. In New Zealand I get taxed 19.5% each month in my interest earnings. i get 3.25% interest. Per month.

 

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  • 7 months later...

Has anyone ever experienced any problem from CW IMM over which bank in Thailand is acceptable for the THB800k used for Extension of Stay? I have heard second hand that recently CW refused to accept the funds in UOB Thailand, but I am not so familiar with the case to know the details, except he was told to put it into SCB, and then that wasn't for the requisite 2/3 months prior, so was invalid for a EoS. As, I said, my details are sketchy, (save on the refusal by CW), so there may be valid reasons why UOB wasn't accepted. I thought any bank in Thailand would be valid.  

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