gamb00ler

The "cereal topic starter" story is just a cover up. He IS cereal-curious.

Is it possible to use the infamous pink ID card rather than a passport at Thai banks?

Probably your decision to discuss methods of hiding assessable income in a public forum isn't your best idea today.

Ahhhh yes..... the modern era where it's acceptable to heap disdain on others for no logical reason.

OMG... look at those prices!

It's a simple task to calculate your own annual totals for capital gains, dividends and interest based on monthly statements or transaction notices. I don't think TRD will consider that the annual 1099 (for US) is the only valid reporting document. In fact that's how I make decisions in the last few days of a taxation year to ensure I maximize my income without crossing the boundary into a higher tax bracket.

uncouth is the word that better fits your definition

Is there a service elevator? Maybe those floors are not for public access but only for infrastructure, utilities, etc.

Compared to what was affordable for my wife and I pre-Obamacare... they were very good. As small business owners health insurance was extremely expensive because it's risky for insurance companies to sell policies to individuals. It's much less risky for those companies to sell to large groups because risk is averaged out over a larger base. Higher risk means higher premiums to get the same coverage. Too many people don't understand how insurance works and why a single-payer system can cost a lot less money.

One bank in US offered virtual cards and I used them frequently. Unfortunately, the bank dropped the service after 1-2 years. The bank would let me create a virtual card that could only be used for charges to a single payee. If I had 5 payments that I make frequently I would create 5 virtual cards, each with a unique number. Charges on all the virtual cards would be processed as if they were made on my original credit card number. None of those 5 businesses would know my "real" credit card number. The virtual cards function exactly like any other credit card except that they are only valid for charges from a single business/payee. There is no physical card so can only be used for online purchases or maybe over the phone.

Chuck is the best! He refunds the 220 ฿ and he doesn't charge any foreign transaction fee. Next best is Capital One 360 that also has no fee but doesn't refund the 220฿. Unless you screw up and accept the bad exchange rate they offer (DCC) you'll get the same exchange rate from all Thai bank ATM's. Those rates are set by Visa and Mastercard, not by your home bank or the Thai bank. However, you probably have a debit card that will add 1-3% in fees for all transactions outside your home country.

This web page is a little out of date regarding fees but still has useful info. I think a couple of Thai banks now have a limit of 2 million ฿ instead of 50K US$ on transfers. https://www.moneymgmnt.com/managing-money/transferring-money-out-of-thailand/

Does the bank keep the original FET to prevent you from re-using it at another bank? This doesn't seem like a very secure method of restricting export of foreign currency. The implementation makes me think this is merely a bank policy not an actual government restriction.

We are all waiting to hear how it goes when you do the max transfer many days in a row. I understand that the bank's rules say the daily limit is X. That doesn't mean they won't at some point stop you from doing it to what they consider to be too frequently.

Use another program (text editor, note program, etc) to enter the text of your reply. When finished select and copy the text in that program. Then, go to the forum and click on "Reply to this topic..." then paste the text in and hit submit. Then if you want to make changes such as including a link, bolding some text... use the edit function.

OK.... I grew up in an area where they grew rapeseed while I was quite young. Later the farmers started growing canola which looked identical and they said it was the same crop with a different name.

People will have more luck looking for canola oil rather than rapeseed oil. It's the more accepted name for the same oil.

accompanied by a rise in disposable income that occurred over several decades and a lot more use of scooters and less walking and bicycling.

I assume that you think the restriction is by the Thai government. There are several entities involved in the money transfer. The restriction could be a choice by Wise or the participating Thai bank(s). Since different Thai banks have differing restrictions, I lean toward the limit being the bank's choice.

I was given a small compressor that plugs into a cigarette lighter and I shipped it over from US in our container. When I brought it out the other day the plastic coiled hose had deteriorated badly and fell apart. I see Global House has what looks to be a suitable replacement for <200฿ .

Avoid

My very well used Yamaha has a slow leak in both tires so I have to top up often. The gas stations with air stations often have a sink for cleaning up afterwards. The other day I had a brainstorm albeit a small one. I had a plastic bag in the storage under my seat so I took it out and put some water in it from the nearby sink. I poured the water over the muffler because I have to access the tire valve from that side. Now, I am far less likely to get a burn from the muffler while filling the tire.

It hasn't been 100% resolved but some clarifications have come from TRD. It seems the source of the funds is also very relevant in determining if it is subject to Thai tax.

I managed to slip through their fingers a few times when I was young and pot was illegal.

It's been a couple of years since I last compared transfers using Wise to transfers using SWIFT. That comparison assumed it costs $25 in SWIFT fees and 500฿ by the Thai bank to receive the transfer. At that time the Wise fees were somewhat lower than today. Using SWIFT right now sending $23K (includes $25 fee) to Bangkok bank will give you 841,304฿ Sending $23K via Wise will give you 842,211฿ if you do your own ACH transfer to Wise first with no fee. It looks like if you send about US$25K or more SWIFT will be slightly better.. otherwise use Wise.