800K in the Bank, but Regular Transfers as well

[Pilotman]

On 11/18/2019 at 1:30 PM, wgdanson said:

Would it not be a good idea to keep the money in your UK (?) account and just do one Transferwise on roughly the same day every month, you would save on fees, and keep the IO happier.

 

It works for me.  The fees are the cost of a Starbucks latte, so I'm not going to get bent out of shape over that if it suits me to do it this way .  

[Max69xl]

2 hours ago, Pilotman said:

exactly right 

What if you have much more than 800k and use that money productively? It seems like everybody thinks that 800k is a massive fortune. I know several farang that still can use the 65k monthly method, BUT, has almost nothing in the bank. With the exchange rates going down the drain, I know some of them wish they had 800k or at least 400k in the bank. They can't even use the combo method.