HampiK

24 minutes ago, sikishrory said:

So what's the difference actually.

One has a book and one doesn't?

That's it?

I mean all my regular Thai savings accounts across 3 different banks are basically fully digital and I can get by 100% with digital use only for most of the time. Online purchasing, scanning qr, cardless ATM etc.

It's the difference literally only the bank book?

Oh sorry "book bank".

The difference is, that for initial opening you need to go to the bank for open a "book bank". Second is, that on an online account (without book bank) mostly you will have a little bit better interest rate as well.

And with an online account (without book bank) you can't go into the bank and withdrawal money from that account, you have to transfer this money first to an account with "book bank" and then you are able to withdrawal money!

So yes there is a small difference in this 2 kind. Even when most will feel almost nothing at all.

2 hours ago, PeachCH said:

Here in the Philippines no problems. Offered interest rates up to 7% p/a.

You have to ask, why countries give a high interest? Mostly (not always) it's a sign of a lot of money needed. Which isn't always a good sign.

1. They need money
2. It's about inflation

38 minutes ago, Digitalbanana said:

Well my K-Bank mobile phone app feels fully digital to me, and I keep my bank book locked away once a year for immigration purposes only.

But I guess all of your account still have a real bankbook behind. Meaning every account you see in your K-Bank app you also have a bank book with this account number at home (in your locked away area).

But when I try to click on the "Open e-Savings" button then soon it shows for Thais only (I guess you need this blue ID card to be able to do most of this).

13 hours ago, StayinThailand2much said:

Yes, as a foreigner I don't even get any interest on the balance of my KTB bank account.

You should check with your KTB Branch again. I have a KTB Bank account and a deposit account which give good interest. The deposit 2% and the saving account only a few baht, as I not have that much money in the saving account.

But with digital accounts mostly the problem is that we not have an offizial ID card with CHIP and laserID on the back.

@walailak
You already can do the face registration (For transaction over 50'000 Baht)? (They should use a Ipad to scan your face for this).

As last time I checked this was not possible yet at GSB.

16 minutes ago, roo860 said:

Does that number include immigrant workers, Burmese etc?

Yes... and a fast majority is Burmese (at least if look at this year statistics.

This year the Russian are Number 1 non-Thai Neighbour country.

1 hour ago, Liverpool Lou said:

Huh?  Post from the UK to Thailand normally takes a few days at the most.  Sounds as though you're making excuses for not fitting the bank's UK-resident requirements!

1 hour ago, Liverpool Lou said:

Did you consider that claiming that Royal Mail post from UK to Thailand takes months is a bit ridiculous?   I regularly get items bought from UK sellers sent here and UK to Bangkok usually takes about five days.

I think it really depends where in Thailand you are. In Bangkok for example it's very convenient. But if you stay in the sticks... it could really take very long or never arrives. I hear from different people which do not live in a big city that they have problem with the mail... (also with mail from inside Thailand).

You have to check that this depends on the deposit.

On 3, 6, 12, 24, 36 Months, the interest is paid yearly or at the end. 

With the special deposits (5,7,8,10,.... months) the deposit is paid monthly.

Some banks even have different bank books for normal deposits and special deposits accounts.

On 8/19/2023 at 11:31 AM, transam said:

Can do, once....Do it after the last 90 pay of a Multi O to get near 15 months out of it, wife must attend with piles of A4.....???? 

Would this not give almost 17 months?     12 (1Year) + 3 (Last entry before expiry) + 2 (Extend visit wife)

I personally would cover the front of the washer, for a better look in the kitchen. But I guess with a standard kitchen like IKEA this will become difficult.
In my kitchen I have a bosh machine, and it's covered with a door with blacked glass. So, I still can see the display of the machine when it's running. But when it's off.. you almost can't see the machine.

Additional take care you also have the space on the top of the washer.

1 minute ago, bigt3116 said:

Show me where it asks for proof of retirement? Because I can show you where it asks for proof of being over 50

 

Just because the word retirement is bandied around, does not change the fact that that is NOT a requirement

But on the visa is written "no working". at the end it doesn't have any importance if you called it over 50 or retirement. The important part is the written part of "no working" in the Non O based on over 50.

The retirement which all refer means retirement usage for living in Thailand (no working). even you are working in your home country or any other country.

1 hour ago, mania said:

Hopefully the Mods will move your question to either

https://aseannow.com/forum/121-insurance-in-thailand/

Or

https://aseannow.com/forum/23-health-and-medicine/

 

As you will likely get more answers but... Also you will find much info in those sub forum sections on insurance

 

This topic does come up often & the takeaway seems to be buy from International based not Thai based companies for a more stable price & coverage.

 

First given your age you may find it tough to find Thai based & if you do they will likely price you out of it in a couple years

I am your age & have recently been looking at Cigna Global

I have Cigna Global now for 5 years. And yes, they are not cheap, but I feel better with them than with a Thai Insurance, who can raise the premiums or kick you out after a big claim.

In my opinion Cigna or April (international, not the Thai based version) are the ones to look at, if you have the spare money to spend.

15 hours ago, TallGuyJohninBKK said:

I'd be curious to know from some of the posters making recommendations above just what kind of "apartment" the OP is likelty to find at those prices?

 

An actual real apartment, or, a low-end Thai single room furnished with a bed and small dresser along with a small attached bathroom, and not much else?

 

The word real apartment always depends on the person who looks for.
Some people think a 100m2 apartment is a shoe box and there are people who think 30m2 apartment are already a perfect size.
Every person has different desire. They only use the room for sleeping or they also want life in it?

12 hours ago, Neeranam said:

True that. 

 

One point may be that relatively few foreign resident learn to speak the local language.

At some points it can help, if you can speak Thai to become the reduced price. But also, many places they mostly look on your skin color or if you can show them a blue Thai ID card. So, Asians often can go for the Thai price.

Actually, I don't mind paying little bit more than Thais. on some parks I would not mind paying 80 baht instead of 40. But 10x or even more is not OK anymore. But as some posters already wrote, you can decide to not go.

On 8/11/2023 at 6:36 PM, bignok said:

Rupert Murdoch is 92 or so still works.

 

Why retire at 50 or 55? Sitting on backside for 30 years.

 

 

Look it from the other side. Why working more, when you have enough money?
There are always people who think they need more and more money (strange, mostly the very rich).

I know of persons, who complain, how hard their life is, and how much they would love to enjoy life. Some of them would have more than enough money to stop work or at least work less. But many people can't. They don't know what to do with their time.
I many times hear from older person, when I am 65, then I will start enjoying life. But mostly (of course not always) people who never enjoyed life, can't start with 65 to change. Unfortunately, I know of 2 persons, who died shortly after retirement. As from my perspective it's much better to start enjoying life as early as possible (but of course not too early, so you have enough money to enjoy).
I read a few very interesting stories from people who retired early. And I think it's the best.

Of course, if you can retire with 45... then you have 20 extra enjoyable years till official retirement. This is something which nobody can take away anymore. Even when retire with 55... these extra years to enjoy I think is unpayable. But sadly, for this lifestyle you need saved money, which many do not have.

you not mean the normal 90 day register. You have to go for a follow-up 90 day check because of your ED visa?

I hope you will receive some good information from people who know your immigration and about this exact procedure.

LH Bank can do the facial recognition for foreigners.

GSB and KTB are not able to do it by now (KTB maybe in August).

40 minutes ago, OneMoreFarang said:

I am sure I am not the only one here who wants to know: Why did you do that?

Buying a condominium which you never saw in person sounds like a crazy idea to me.

I think he have seen the condo in April (as this was the time he was searching). But he had to go back while have to buy, pay and so on.
 

8 hours ago, UKPaul67 said:

Having spent most of April searching different Places, the day before I had to come back to the UK, I found the Condominium I wanted, via the agent I left copies and signed a blank Power of Attorney and signed passport.

copy.

2 hours ago, ubonr1971 said:

Thanks for the info. So what is the EXAT portal app that they said I had to download? Whats it for?

The EXAT app, is for checking your balance on EasyPass. You actually not need the app at all.
You need the EasyPass sender and you need the card with your number, to refill EasyPass. This can be done with almost every online banking system.

I only use the EXAT app, when I have to check if I still have enough money on EasyPass.

I not have a printout bill since more than a year. I become a SMS with a PDF bill.
Additional I receive an SMS with the information the bill is ready and a link.

I have setup this in the MEA app with the advantage of auto bill payment.

He have to become PM first. It's still a long way for him.
And as long he's not have the 376 seats in his favor nothing is clear yet.

11 minutes ago, BenStark said:

Do I understand correct that if predictions are correct, this means that PT and MF together have more than 50% of the seats, and are gonna form the new government?

https://www.ectreport.com/overview

They need 376 seats to be sure.

2 hours ago, brianthainess said:

I don't understand why you hated that, apart from a 30min home visit, I know people worry it may not be granted, but in reality if they found nothing wrong on the day you applied then it will be granted IMO

It's about you have to go to Immigration 2 times instead of only 1 time. And you always have to bring your wife the first time as well. With retirement you only need 1 visit and wife not need to attend (except first time while changing).

Of course if your Immigration office is near your house, then it's not a big issue. But if you have a long way or as in Bangkok a lot of traffic, which can easily be 4-5 hours trip per visit, then it could be a pain for some people.

21 minutes ago, bamnutsak said:

How is trash handled in these high rise condos? Are there receptacles on some number of floors, in the parking floors, outside?

Normally every floor has a garbage room where the things could be thrown away. Really easy process!