skatewash

Yes, drops to 0.5% above 1 million baht. Page 1 of https://www.scb.co.th/content/dam/scb/personal-banking/rates-fees/deposits/deposit-en.pdf Also, Thai deposit insurance also only covers up to 1 million baht.

Recommend trying the Bangkok Bank branch in Patong on Rat-U-Thit Road (left side) just before you get to Jungceylon. Big branch, English speaking staff. Krungsri Bank branches can be friendly as well. One negative about Bangkok Bank is that they take a week to produce a 12 month statement (due to having to order from Bangkok headquarters) while other banks can produce the statement while you wait. For Bangkok Bank you need to request the statement a week before you need it. You will need a 12-month statement for your retirement extension.

Mine are sent automatically. The first half of the email is in Thai, the second half in English. The e-statement shows the balance like a normal balance statement (as the passbook would as well if there were a passbook). I don't remember having to request the e-statement but that's possible I did when I first logged onto the account. I usually request all the email notifications I can get on an account. For example, I get an email notification whenever I log onto my account or use the QR scan code to purchase something in a store.

SCB sends me an e-statement every month in the form of a pdf file attached to an email. You can see all activity in your account online from their website or from the SCB app on your phone.

This is the right way to go about fixing the problem. But I'm lazy and not willing to do this when I have an alternative that works for me now. I made an attempt at getting the tax withholding waived when I first opened the account. I returned after I saw they actually did withhold the tax on interest earned and attempted to get the tax withholding waived again. They told me that was not possible (which I don't believe) but I'm not motivated to pursue the matter further myself. I pick my battles, and this doesn't make the list (for me). ????

I've speculated in the past that there is in fact a trick that has to be done for SCB not to withhold tax on interest earned for foreigners (i.e., those who don't have a Thai National ID number). Thais are unaffected as they register their account with their Thai National ID number. Foreigners can try to have their Thai Tax ID associated with their accounts but apparently this process is non-obvious. Some SCB branches have apparently figured out where to put the Thai Tax ID for foreigners such that the waiver of tax withholding works, whereas other branches have not figured out this trick. Just speculation but it would make sense to me that this might be the problem.

Sounds like a fixed (term) deposit to me. Tax is always withheld on interest earned on fixed deposit accounts. Generally, one can withdraw money at any time but suffers a loss of interest (that is, interest earned but not yet credited to the account for the amount withdrawn). I don't know the specifics of the LH account mentioned.

As did mine. I went to SCB requesting that they stop the withholding. No can do, they said. They noticed my Krungsri Bank passbook so I showed them that in that account (Mee Tae Dai Savings) that interest is paid monthly and there is no withholding. I'm pretty sure they understood what I was trying to do and that Krungsri Bank was already doing it. However, it seems that my SCB branch thinks they cannot stop the withholding or don't know how to do it. Interestingly, another friend uses a different SCB branch near where I live and he does not have tax withheld on his EZ Savings account. This leads me to to believe that SCB can stop withholding, but that my branch has reached the conclusion that they can't or won't. I'm at the point where I think I will stop pushing my branch and just do a Thai Income Tax Return (PND-90) as I've done in the past and get my withheld tax returned.

SCB's EZ Savings account (not a fixed rate account) is paying 1.5%.

Last Phuket Smart Bus (airconditioned) leaves the airport at 21:00 from https://phuketsmartbus.com/

Was wondering why there was no mention of the heath insurance requirement. All makes sense now. ????

It's normal procedure for Phuket Immigration to automatically do a new 90-Day Report when you get your retirement extension done. Apparently, that is unusual in other provinces. Maybe it's because our passports are always kept at immigration overnight and we pick them up the next day (gives them time to do the 90-Day Report for us).

In my experience and according to the Phuket Immigration Volunteer website, Phuket requires three things from your bank: 1. Standard bank letter verifying your ownership of the account and balance on the date of the letter. 2. Bank statement showing that you have complied with the minimum balance requirements: 2.a. minimum 800k at least 2 months before current application 2.b. minimum 800k at least 3 months after previous application 2.c. minimum 400k at all other times since the previous application Only 2.a is required the first time you apply for a retirement extension. For subsequent applications each of 2.a, 2.b, and 2.c are required. 3. A physical passbook for the account. https://piv-phuket.com/long-stay-extensions/retirement/ A bank statement never suffers from the problem of consolidated entries which a passbook can suffer from depending on the frequency of your passbook updating relative to your account activity. Consolidated entries can hide falling below the minimum balance requirements.

That would make sense. The only minimum balance requirement for the initial retirement extension is 800k for 2 months prior to the application, for which a 3 month bank statement would be more than adequate.

Thanks for the report. Agree that it's usually a relaxed process and your time required sounds accurate. Did you provide your actual bank passbook or any other evidence that you met the usual minimum balance requirements for the entire year (800k for 2 months prior to the application, 800k for 3 months after the application, and 400k for the remainder of the year)?

This is a great example of why one only shows the one correct passport in a particular situation to a particular person. She was a Thai entering Thailand. The only passport that needed to be shown was her Thai one. End of story. No fuss, no muss. Everyone is happy. Your example is of someone taking an incredibly simple thing and making it incredibly complicated. If you have two passports you have got to be smart enough to understand which one you should be using in which situation. Giving someone two passports is saying to the official: "I don't know what in the world I'm doing, not even sure how I got here to be honest. Hope you can figure it out. Here're two passports when you were expecting just one. Hope that helps." Be a common traveler, don't be the exception that needs to be handled differently. A dual citizen absolutely has the ability to be treated as a normal traveler. The responsibility is theirs. When they outsource that responsibility to others, it's out of their control.

Yes, it is never a good idea to show someone two passports when you don't need to. There is always one passport that is the correct one to show someone depending on the situation (country and whether the official is immigration or airline check-in). That's the passport to be used in that situation. The other passport remains out of sight and is shown ONLY to resolve an issue or problem. It is in the traveler's interest to make the job of officials they deal with as easy as possible. Of course, the above is advice for people who simply want to get from point A to point B with the least amount of hassle. Those who are on a mission to teach various immigration and airline check-in personnel about the fine points of how dual citizenship work should share all their wisdom even if it's not welcome. This will be especially appreciated by the people waiting in line behind you. ????

That's well-explained and correct. The principles at work are these: For immigration: 1. Always use the passport for the country you are entering or leaving if you have one. 2. Always enter and leave a country using the same passport. For check-in: 3. Show the passport for the country you are going to (the destination country) as the airline is concerned about whether you will be accepted for entry in that country. It is NEVER a good idea to give someone two passports initially. Show the ONE passport that the above principals would indicate for the particular situation. If questioned about something that showing the second passport will resolve then do so, otherwise showing ONE passport is the best policy: faster, easier, less confusing for everyone (you and the other person).

That's a location-specific question. Provide province for an accurate answer.

Yes,, sometimes Bangkok Bank will simply copy the page from the fixed deposit account passbook, stamp and sign that. However, if it's a regular savings account the 12 month statement can only come from headquarters in Bangkok and that takes about a week. There's a workaround that may work for some of using Bangkok Bank app to get a year statement but it will not be stamped nor signed and therefore may not be accepted by some immigration officers. In general Bangkok Bank is not ideal for getting a 12 month statement, something other banks seem to not have any problem with doing on the spot or worst case next day.

They mean permanent residency in Thailand. You would know if you had permanent residency, it's not an easy process. One year visas or extensions of stay are not permanent. Permanent residency is explained here: https://www.thaicitizenship.com/the-ultimate-guide-to-thai-permanent-residence/

I don't see why you don't think this makes sense. In order for the Tesaban to issue a yellow house registration book some require you to produce a certificate of residence from immigration, a document proving that you live at a particular residence. The Land Transport Office has the same requirement for the same reason.

I got that information in a pamphlet of requirements I got from my Tesaban when I obtained my yellow house registration book. From your link:

Yes, a yellow house registration book never expires. However, in order to get one, obtaining a certificate of residence from immigration is often one of the requirements.

A foreign driving license and IDP is valid for up to 90 days per entry to Thailand.