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Hi guys,

As I have been locked out of Thailand for about 6 months and I suppose I will come back when the situation gets a little better,  I am seriously thinking about repatriating my equivalent to 850,000 baht deposit standing there idle with no immediate use. I transferred this amount from Europe in euros into a euro foreign currency account in Bangkok Bank, when I got my first yearly retirement extension 2 years ago. Anybody  transferred or thinking to get his deposit back home ? Any problems with that ?

Many thanks in advance

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did  the  phone  go dead and you hear the sound of  running feet half  way thru the conversation?😆

I am outside Thailand now. I have given my wife the pin number of the ATM card and told her to spend the retirement extension money wisely, as she needs it.

Good lad,, thought I was the only gullible scouser..😉

17 minutes ago, ubonjoe said:

More of banking question than visa or extension related. Moved to the banking forum.

sorry, I could not locate the banking forum before. Found it already, thanks

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2 minutes ago, Barry864 said:

I have internet banking, yes. But trying to do that I am getting a message that my status is shown as a resident without a work permit and they advise me to go to a bank branch. I transferred all this money from abroad to Thailand and now it seems I cannot send it back

If you still have proof of the transfer in, you are allowed to transfer the money out. But it could be tricky or even impossible to arrange that without being able to visit a branch.

 

I'd start with calling them. So far I've always been happy with their service when calling their call center. Hopefully someone with experience in the matter can give you better advice.

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1 minute ago, Orton Rd said:

If you have an ATM card you can take it out bit by bit in your home country, not a great exchange rate though

The ATM card they issue is only for a baht account. In order to do that I need to :

1) exchange euros to baht and deposit it to the baht account (done with internet banking)

2) then at the point of withdrawal in Europe exchange for the 2nd time , now baht to euros

I think with this way a good percentage will be lost

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4 hours ago, Barry864 said:

The ATM card they issue is only for a baht account. In order to do that I need to :

1) exchange euros to baht and deposit it to the baht account (done with internet banking)

2) then at the point of withdrawal in Europe exchange for the 2nd time , now baht to euros

I think with this way a good percentage will be lost

You are correct, but I can see no other way, unless you have someone in Thailand you can trust with this larger sum of money.  

 

 

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12 hours ago, Caldera said:

If you still have proof of the transfer in, you are allowed to transfer the money out. But it could be tricky or even impossible to arrange that without being able to visit a branch.

 

And make sure you do it while you're still on a long term visa status.  After my WP expired and I went on a non-resident visa status (visa exempt), I was not allowed to transfer money from my Thai bank account.  This in spite of proof that all the funds came into the account while I was paying Thai income taxes.

 

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13 hours ago, Barry864 said:

I am getting a message that my status is shown as a resident without a work permit and they advise me to go to a bank branch.

When I opened a similar account with Bangkok Bank they accepted my Retirement Visa and said as I am retired obviously I would not have a work permit. But then, this being Thailand, I may have gotten the only one in the bank who had any common sense!

 

Also, I just love banks who respond to enquiries from abroad by telling you to visit your local branch.... when there isn't one!

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