Jump to content
BANGKOK
Goldbear

800,000 baht, Bangkok Bank. How to keep secure?

Recommended Posts

Sorry for the strange title. I have an account at Bangkok Bank. I have a debit card. I want to transfer over the equivalent of 800,000 baht for visa extension purposes. I want to have the 800,000 not accessible via the ATM card because I have heard of thefts. Does anyone know a way to do that?

 

The reason I am asking here and not at my bank branch is because the lady who does the accounts for foreigners has given me bad information before. I think to get out of doing work. She told me that Immigration requires that the money be in Baht and not in foreign currency which I heard on this forum isn't true. When I lost my debit card, she refused to give me a new one. I had to call the main office and they made her do it.

 

Anyway, if any of you have ideas please let me know. Thanks.

 

 

 

Share this post


Link to post
Share on other sites

You could put 500K in a Fixed Deposit account and use the debit card linked to your current account, just keep the account linked to the debit card at a balance of 300K minimum. 

 

I've been doing that for years and no problems from immigration. 

Share this post


Link to post
Share on other sites

Thanks for the replies so far. Again, I'm asking here because I don't trust the lady at the bank. How can I get another account there? When I asked about opening a foreign currency account I had to jump through a lot of hoops including going to the embassy, to get a letter confirming that my passport is valid. It seems as though if I already have an account there that I shouldn't have to do any of that.

 

I'm trying to get a 30 day entry (with covid extension) converted to an O-visa so I can get another retirement extension. I had one before but it expired when I left Thailand for a while.

 

Thanks.

 

 

Share this post


Link to post
Share on other sites
1 minute ago, robblok said:

I have had much higher amounts in my kasikorn bank. Never a problem with Theft over 15 years now. I guess it depends how secure you keep your ATM card and data. 

 

If you have an app on your phone you can check your balance and transactions always. 

 

So even if a bank employee would steal you would know it within a day if you check or receive alerts.

 

I do get alerts but could I get it back if it were stolen? That would be my question. Good reminder about the alerts on the phone. Thanks.

Share this post


Link to post
Share on other sites
32 minutes ago, Goldbear said:

I want to have the 800,000 not accessible via the ATM card because I have heard of thefts.

I plan on doing something like you as I don't want to unknowingly default on the bank balance and get a visa extension or even overstay issue. I currently have a single KBank savings account I also use for day to day living and so far have kept an eye on the balance. I want to ask the KBank I have been with for 20 years if I can have another account just like it that I would not access at all and just keep the 800k money there all year long.

 

I wonder how hard KBank will make this for me?

  • Confused 1

Share this post


Link to post
Share on other sites
1 minute ago, robblok said:

If you respond quick after an alert of course you get it back. Then its fresh and you can prove it was not you. Besides if they can steal from a thai currency account why could they not do the same from a foreign currency account. 

 

Once a bank employee is involved everything is possible. However if you respond quickly they cannot cover it up. Usually people find out far too late and evidence is hard to gather. 

 

Good point about quick response.

Foreign currency account would have no ATM associated.

  • Like 1

Share this post


Link to post
Share on other sites
1 minute ago, bignbad said:

I have my 800k in a Bangkok bank account and have no access, apart from a bank book. has been there for a few years, very little interest, but which bank gives any better!

Easy to get a bank letter every year, withdraw 1,900baht, before asking for it to get recent statement value!

No need to move 1900 Baht. Simply add or remove a small amount so that there is a new entry. I always take 100 Baht. 

  • Like 1

Share this post


Link to post
Share on other sites
3 minutes ago, Oldie said:

I don't understand your problems. Open one account for the 800,000 and others for your daily expenses. And again - it is up to you if you want to have a debit card for it. 

 

Opening another account for me isn't that easy apparently. I need documents that I don't have. I'm not established in Thailand as I've been traveling. No residence, etc. And I'm about to change provinces.

 

We will see what the lady says at Bangkok Bank when I talk to her...

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...