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Everything posted by hotandsticky
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New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
TMB Thannachart, a good bank - usually have better savings rates. Good to hear that Charlie....I doubt that there are any/many others. The most popular banks (Bangkok Bank, Kasikorn, SCB and Krungsri) all do. -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
I think you probably know the answer to that question.....???? -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
More bo11ocks! Another one lecturing on fractional reserve banking when he knows nothing of deposit guarantee schemes -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
Yes. One million Baht now, I believe. -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
So, is that cash deposit an asset or a liability?....because you contradict yourself....."a liability, owed by the bank"....and "it becomes an asset of the bank". If you wish to provide further lectures on fractional reserve banking, maybe start another thread. -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
Absolute garbage. -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
None - but I am pretty sure that you knew that already. Whenever I have paid in cash over the counter at Kasikorn they have asked for ID - obviously this refers to depositing via the cash machine. -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
You are not 'giving them money'. You are asking them to provide the service of putting money into an account, That costs money from the use of either labour and/or equipment. -
New rule for cash deposit machines from November 15th
hotandsticky replied to webfact's topic in Thailand News
Yes. -
This Pattaya Expats Club link is as good as any - as are many threads on here if you search. No map - that is usually just for marriage based extensions. You need to evidence your address - a copy of your TM30 and rental agreement should suffice. Take the original and copy. https://pcec.club/Retirement#:~:text=Pattaya City Expats Club - Retirement&text=If you are the holder,and renew the extension annually.
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I think you are wrong. Coups are the nature of the beast in Thailand; the people have seen little change in their lives under Coup governments, or others. You exaggerate what would happen in the event of a Coup and there would be no pitchfork rebellion. The Thai army have far more 'guts' (and power) than the Thai civilians will ever have.
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Absolutely. A complete shambles internally and externally. However, we have another 2+ years of this government and I would like to see some cohesion in the Tory party to enable them to be better positioned to tackle the challenges of the next couple of years. That would be in the best interests of the country - which few seem to care about. I hope the Tories have bottomed out - one can never be certain.
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Didn't vote for Covid or a world recession - but they happened anyway.
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Wise again
hotandsticky replied to pontious's topic in Jobs, Economy, Banking, Business, Investments
Apologies.......I should have stated 'Jomtien Immigration'.....Oh, and Buriram. -
Taking the plunge
hotandsticky replied to Padthaigoong's topic in Thai Visas, Residency, and Work Permits
I am not - but, please, keep on ploughing your furrow. Your naivety is astounding. -
Taking the plunge
hotandsticky replied to Padthaigoong's topic in Thai Visas, Residency, and Work Permits
I don't fault your theory - only the practicality. In a country where face is everything, can you really see the authorities coming to me (in those circumstances) and saying "We appear to have a problem with corruption in our organisation and we need to revoke an official extension stamp a bent IO inserted in your passport". It will never happen. Is it a "risk" - yes, of course it is; but that risk has been voiced for the last 20 years and I would invite anyone to show me the evidence of one - just one - retirement extension being revoked because the IO was under investigation for corruption. At the end of the day the argument is irrelevant; you and I choose to do it the 'straight' way - me solely on cost grounds, other choose the available services of an agent. No different to the option of paying for the services of a bar girl - both practices are illegal - but totally acceptable in the Land of Corruption. Long may it continue to be so. -
Taking the plunge
hotandsticky replied to Padthaigoong's topic in Thai Visas, Residency, and Work Permits
Incorrect. I do know that. If you also want to be in the know then do the research that I did on Thai Bureau of Immigration website and you will find the exact wording. -
Wise again
hotandsticky replied to pontious's topic in Jobs, Economy, Banking, Business, Investments
There is a drop down option to create a PDF that shows all the transaction details. I print these off and cross reference them to the amounts on my Thai bank statement. -
Taking the plunge
hotandsticky replied to Padthaigoong's topic in Thai Visas, Residency, and Work Permits
...and there is the flaw in your argument - "it just doesn't pass the test of reasonability." This is Thailand, corruption is normal practice and any government office seems more adept at it. An Immigration Officer has the authority to approval a RETIREMENT extension for whatever reason he chooses. This rule has created the loophole that provides HUGE income for Immigration officers and the hierarchy. No one is interested in killing the golden goose so this practice will not change for the foreseeable future. Occasional ripples occur when the 'new broom' happens from time to time; the last time in Jomtien things tightened up for a week or so, but were soon back to normal. People can take the pious, moral high ground and claim that they can sleep easy at night. If I had an extension, obtained through the agent route, I would also sleep easy at night because I know that my extension stamp is as valid as anyone's who has undertaken the process themselves. -
Wise again
hotandsticky replied to pontious's topic in Jobs, Economy, Banking, Business, Investments
My bank statements from K Bank show the description of 'Trade finance'. That is acceptable to Immigration and I just submit individual Pdfs that relate to each transfer. Frankly, I don't think Immigration take any notice and simply on the bank letter and bank statements. -
Taking the plunge
hotandsticky replied to Padthaigoong's topic in Thai Visas, Residency, and Work Permits
The extension stamp in your passport is no different than one obtained via an agent. In this case the OP was very clear about using a known agent - probably soi Post Office. -
Taking the plunge
hotandsticky replied to Padthaigoong's topic in Thai Visas, Residency, and Work Permits
Spot on.