Tilacme Posted October 11, 2019 Share Posted October 11, 2019 In BkkBk today to make a withdrawal. As usual they asked for my ID and as usual I showed them my Thai (pink) ID card which is usually enough, but today they wouldn't accept it. I showed them my Thai DL and a copy of my passport which were previously fine and they would accept neither. I waived over a friend who works in the bank to ID me and that was not enough. They tell me that Gov rules have changed in the last week and that its now original passport of nothing for any in-bank transactions. Mate of mine confirmed that for first time this week he was required to show org passport to deposit money. So looks like a new layer of banking permission has been brought in, and unannounced. Anybody else had experience of this? I think it is of concern. Link to comment Share on other sites More sharing options...
jackdd Posted October 11, 2019 Share Posted October 11, 2019 We had a thread about this already: Link to comment Share on other sites More sharing options...
KhunBENQ Posted October 11, 2019 Share Posted October 11, 2019 1 minute ago, jackdd said: We had a thread about this already: You were faster So this is a good confirmation that this is not a KTB think or the like. Link to comment Share on other sites More sharing options...
SteveK Posted October 11, 2019 Share Posted October 11, 2019 It's just yet another layer of hassle being added to foreigners who live in Thailand. What's next? Link to comment Share on other sites More sharing options...
Tilacme Posted October 11, 2019 Author Share Posted October 11, 2019 buy bitcoin, no permissions required! Link to comment Share on other sites More sharing options...
topt Posted October 11, 2019 Share Posted October 11, 2019 14 minutes ago, Tilacme said: buy bitcoin, no permissions required! Try spending them in the local markets........... Link to comment Share on other sites More sharing options...
Gweiloman Posted October 12, 2019 Share Posted October 12, 2019 What’s the big deal? Most ppl withdraw via ATM and if you need more than the max ATM amount, show your original PP. I for one am glad of this extra layer of security FOR ME. Sent from my iPad using Thaivisa Connect Link to comment Share on other sites More sharing options...
twig Posted October 14, 2019 Share Posted October 14, 2019 On 10/11/2019 at 1:29 PM, Tilacme said: buy bitcoin, no permissions required! That, and keep as little of your money in banks as necessary. Any money sheeple put in banks legally ceases to be their money and becomes just the banks' liability to them. Link to comment Share on other sites More sharing options...
Gweiloman Posted October 15, 2019 Share Posted October 15, 2019 That, and keep as little of your money in banks as necessary. Any money sheeple put in banks legally ceases to be their money and becomes just the banks' liability to them. So do you keep your money under your mattress?Just a minor point- money in the bank is still legally your money Sent from my iPad using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
twig Posted October 15, 2019 Share Posted October 15, 2019 13 minutes ago, Gweiloman said: So do you keep your money under your mattress? Just a minor point- money in the bank is still legally your money If you think the only alternative to keeping your money in a bank is "your mattress", then I rest my case on your previous response here. Where I keep it is none of your business. And thank you for such a well documented, but blatantly false rebuttal. In actuality, the major point is: https://www.investopedia.com/terms/b/bank-deposits.asp Quote When someone opens a bank account and makes a cash deposit, he surrenders the legal title to the cash, and it becomes an asset of the bank. In turn, the account is a liability to the bank. Link to comment Share on other sites More sharing options...
phetphet Posted October 15, 2019 Share Posted October 15, 2019 I think it may also apply when changing money at the exchange booths as well. Several have asked me for passport recently when just changing £100. Never had that before. Link to comment Share on other sites More sharing options...
Gweiloman Posted October 15, 2019 Share Posted October 15, 2019 Seriously, if one doesn’t keep their money in a bank, where can they keep it? We are not talking investments, bonds etc. Interesting point about legal title of cash being transferred to the bank upon depositing it. Nevertheless, you can still get it back anytime you want as long as the bank is still trading. No matter how you look at it, it is still considered the safest way to keep your money. Sent from my iPad using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
twig Posted October 16, 2019 Share Posted October 16, 2019 On 10/15/2019 at 5:23 AM, Gweiloman said: Seriously, if one doesn’t keep their money in a bank, where can they keep it? We are not talking investments, bonds etc. Interesting point about legal title of cash being transferred to the bank upon depositing it. Nevertheless, you can still get it back anytime you want as long as the bank is still trading. No matter how you look at it, it is still considered the safest way to keep your money. Where, is just common sense we were taught or deduced as children. The big clue for me was that my "piggy bank" was not really a "bank", and upon even my childish observation didn't resemble a real bank in the least... That banks are "considered the safest way to keep your money" is simply a religious belief - same as the belief some have in the infallibility of Bitcoin. Unlike Bitcoin THUS FAR though, the banking cult has proven countless times, throughout history, in every territory that it is far from infallible and safest - particularly because of the well-obscured fact that once your money is in it, there's not guarantee that "you can still get it back anytime you want". Link to comment Share on other sites More sharing options...
jacko45k Posted October 16, 2019 Share Posted October 16, 2019 On 10/11/2019 at 8:29 PM, Tilacme said: buy bitcoin, no permissions required! No permission here either, simply show a passport. Actually use the machines up front, no passport needed. Link to comment Share on other sites More sharing options...
twig Posted October 16, 2019 Share Posted October 16, 2019 40 minutes ago, jacko45k said: No permission here either, simply show a passport. Actually use the machines up front, no passport needed. That's also fundamentally false, again because it's not your money once in your bank account. Both the teller and ATM involve instances of permission; you can only take it out from a branch at certain times, signing exactly as in your passport, not wearing dark glasses or otherwise obscuring your appearance, only when your number is called to a certain window, and so on... You can only take it out of ATMs, if you show your card, and in even more limited amounts. Anyone who has had their bank account "temporarily frozen" while the bank "investigates" something, can confirm to you that simply showing a passport or anything else will NOT trigger the usual PERMISSION to make the BANK's money YOURS again. In that sense, Bitcoin is permissionless compared to a bank. As long as you have your access key, which can be backed up in numerous places to prevent loss, bitcoins always remain yours. Link to comment Share on other sites More sharing options...
jacko45k Posted October 16, 2019 Share Posted October 16, 2019 1 minute ago, twig said: bitcoins always remain yours. Tell that to Binance customers and Bitcoin7. I think you see a spy under your bed..... Actually I can also get cash without the ATM card using my phone too... Link to comment Share on other sites More sharing options...
twig Posted October 16, 2019 Share Posted October 16, 2019 1 minute ago, jacko45k said: Tell that to Binance customers and Bitcoin7. I think you see a spy under your bed..... Actually I can also get cash without the ATM card using my phone too... Exactly what I meant: once Binance and Bitcoin7 customers gave their bitcoins to the former, the bitcoins ceased being the customers' - just as happens when your money becomes the banks' money, as soon as deposited to "your" account. That's also exactly why banks are historically proven not safe to store money, same as Binance and ANY custodial exchange are not safe to store bitcoins. Your bank account itself, required the banks' permission to open. Bitcoin doesn't require permission to open as many accounts as you wish. Only Bitcoin custodial companies require permission to have Bitcoin accounts there. Bitcoin custodians are not Bitcoin. Cardless ATM services also require the banks' PERMISSION to make THEIR money YOURS again, because the app won't work without connecting to the banks' network, and receiving PERMISSION to do a cardless ATM withdrawal. Link to comment Share on other sites More sharing options...
Gweiloman Posted October 16, 2019 Share Posted October 16, 2019 Where, is just common sense we were taught or deduced as children. The big clue for me was that my "piggy bank" was not really a "bank", and upon even my childish observation didn't resemble a real bank in the least... That banks are "considered the safest way to keep your money" is simply a religious belief - same as the belief some have in the infallibility of Bitcoin. Unlike Bitcoin THUS FAR though, the banking cult has proven countless times, throughout history, in every territory that it is far from infallible and safest - particularly because of the well-obscured fact that once your money is in it, there's not guarantee that "you can still get it back anytime you want". In spite of multiple posts, you still haven’t offered or suggested a viable alternative to savings in a bank. Waste of time sadly Sent from my iPhone using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
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