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JustAnotherHun

800k in bank new requirements from 01.March on?

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43 minutes ago, RocketDog said:

That is exactly what they do when I provide them excess paperwork to them as a precaution. I have never been scolded for it though. 

It is true for maybe the most Immigration offices. My one in Rayong/Map Thaput is relaxed and last time I was finished within 10 min on a Thursday 2pm.

My friend live in the south around Nakhom Si Thammarat and he have over the last 10 years always the same guy except one time. My friend has to bring a lot off other copies from this and that. He always give the some required documents first and wait what is new this year. He have always all actual copies what this officer required the last years. Have to say that he don't put any paper with the picture of the king into it. 

The main problem in Thailand is that the law says some requirements, but have the addition that any officer (not only Immi) can decide to require more. This open the power door to the power for the Thai office and if you have one who don't like you then you are ass <deleted>.  

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1 hour ago, CMBob said:

Whether you can update the bank book depends on the particular bank and type of account.  For example only, a fixed term account at Siam Commercial bank (an account that accrues interest for a set period of time although you can access the funds earlier with a loss of accrued interest) cannot be updated regardless if you or the bank sticks the bank book in the update machine.  That type of SCB account is what I've been using for the annual extension (800k method) for almost 10 years here in Chiangmai and never has the bank book been updated (as it can't be) or has an immigration officer questioned it. 

At Bangkok Bank and Kasikorn Bank if having a Fixed Deposit Account, you can update the bank book in the update machines. There will be a new line written with the date and current balance. Can't get easier. You won't get your extension at most immigration offices without an updated bank book, no matter what type of account you have.

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16 minutes ago, CMBob said:

As I noted as an example, the fixed term accounts at SCB that I have used for almost 10 years cannot be updated.  And there is no ability to deposit or withdraw (well, you can withdraw any or all anytime you want but you'll lose all accrued interest in the interim) and interest does not show up at all until the fixed term is completed.

I'd have agreed with your "can't be rolled over" comment many years ago as back then they'd issue you a new account number and passbook after the fixed term expired; however, that hasn't been the case for at least the last few years.  Now, I keep the same passbook and account number and what shows up in the passbook is the interest, the 15% tax withheld, and the new balance (with the new time period and interest rate). It appears as a simple roll-over to me.

My comments apply only to Siam Commercial Bank fixed accounts (e.g., it's different at some other banks).

So on the first part we are in agreement..good.

For the 2nd part I have just had to change to a new book/interest rate (at Bangkok Bank) for my next 12 month period...BUT my fixed deposits are in 2 names (either/or signatures with my wife), so this maybe the reason it can't be rolled over. I will look into that next time I go to the Bank.

Edited by couchpotato

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1 hour ago, RocketDog said:

That is exactly what they do when I provide them excess paperwork to them as a precaution. I have never been scolded for it though. 

I know what my office requires, and I only make copies of the stuff they want. Easier and quicker when inside the copy-shop and less signatures.

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ok whats the best account to put money in for interest .? and also can update bank book in machine ? as i said mine is a FCD account .. Foreign Currency Deposit Account can not be updated  by machine . and only get interest 2 times a year .  june and dec .so no good for my extension unless i put more money in no more then 3 days before my extension application . but at least you don't lose money on exchange rates  always stays in bank in £ s 

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I got my extension in late January (being due mid-Feb). It took two tries because, yes!, they wanted one full year's worth of transactions from my bank. And yes! I had to wait a full three working days to get the transactions, since it had to be done at "headquarters" (presumably Silom).

 

And believe me, that full years worth of transactions extended the time spent at immigration a lot since two "officials" went over it almost line by line.

 

To be honest, the whole procedure this year was a much larger pain in my fundament than in any year previous. I advise everyone to start their extension well ahead of the due date, because (at least in my experience) they're being more stupidly petty than before.

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After reading through 5 pages of torture, I'm glad I don't have to go through this purgatory.

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36 minutes ago, Max69xl said:

I know what my office requires, and I only make copies of the stuff they want. Easier and quicker when inside the copy-shop and less signatures.

That's the best solution of course. But assuming that you know what your office wants every time you go is unstable.

Only way to know for sure is to ask the appropriate questions and get a response from at least two agents, and that those two agents agree.

 

It's a <deleted> shoot at best. Nothing to do about it but roll with the punches.

As they say: It is what it is.

 

Good luck to all of us.

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On 2/16/2020 at 9:34 AM, JustAnotherHun said:

So they might want to see a one-year statement even if you have a regulary updated bank book for the whole year, I guess.

But more important to me is, if one-year statement is required, you can't get it on the flight at your BKK-Bank branch?

Bangkok Bank will issue a 6 month statement at the counter of your branch for 100 baht, at least my branch does, so I get 2 6 month statements to take to IB.

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Can anybody confirm that they have been asked for 12 months bank statements for a Fix Term Account. I asked this because you cannot withdraw money without the bank book, so the amount shown in the book will be a true account of how much is in the account for the year

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I renewed my extension last month in Phetchaburi and they asked me for 3 months statement. 
I did not need to wait 7 days either, I got it same day for 100B. I guess since 800,000 is in fixed account. 

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And the reason for this new requirement might be,money in the bank might not actually be yours if you all know what I mean. Hence having to show the 12 month’s statements. 
 

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I am doing the income method. Last year Nonthaburi said they wanted to see 13 monthly transfers. Knowing that Bangkok bank will take a week to supply the statement I decided to get a six month statement, another six months statement and then the last one on the day I go to Immigration to cover the remaining few weeks.

 

absolutely no point in asking why you want 13 months... Only reason I can suggest is that I do my extension a month early, 

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2 hours ago, MayPutThai said:

Why do you don't printout every 1/3/6 month?

I have a regular reminder to take the book to an update machine, hoping that will suffice. 

Fall back is the bank producing one within 7 days. 

Edited by jacko45k

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4 hours ago, couchpotato said:

So on the first part we are in agreement..good.

For the 2nd part I have just had to change to a new book/interest rate (at Bangkok Bank) for my next 12 month period...BUT my fixed deposits are in 2 names (either/or signatures with my wife), so this maybe the reason it can't be rolled over. I will look into that next time I go to the Bank.

Cool....but, as I noted twice, my comments only apply to Siam Commercial Bank fixed term accounts.  

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