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flossie35

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Posts posted by flossie35

  1. 18 hours ago, ubonjoe said:

    It will depend upon the immigration office where you apply. They should accept it but it would of been best to of kept it at 400k baht until you apply for your extension.

    I assume you will have proof of 12 months of 65k baht or more of transfers from abroad,

    If you have the misfortune to be a UK citizen you will need to allow for possible further depreciation of the GBP because of brexit - ie will your monthly GBPs amount to the requisite 63,000 baht?

    • Haha 1
  2. 16 hours ago, BritTim said:

    I have sympathy with much of your post, but bringing cash in a major currency and converting at SuperRich will give a considerably better exchange rate than alternatives.

    For visa purposes as already explained it's no good bringing in cash; you have to transfer via a bank, and make sure the transfer appears in you Thai bank account as "international transfer". If you're in UK Bangkok London branch will do the transfer for 20GBP. Don't delay; useless UK government is not doing the pound any favours. Nor anybody else unless you're a rich tax dodger.

  3. 7 hours ago, tribalfusion001 said:

    The protests are morphing into anti-government protests, I even saw people with home made signs saying "this is the revolution". Mostly under 30 and spoiling for a fight, the trouble is there are others in the far right spoiling for a fight too.

    Good. We need to get rid of this useless incompetent govt before they make things even worse with their no deal brexit.

    The far right are always spoiling for a fight but fortunately they're not very numerous.

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  4. 43 minutes ago, Kerryd said:

    A lot of people put their "visa money" into a Fixed Term deposit to keep it separate from their day-to-day savings account.

    That keeps them from accidentally spending any of it and makes it easier when it comes time to renew their Extensions. The easier you can make it for Immigration, the easier it will be for you.
    I just did my renewal a couple weeks ago. Updated my bank book and when I went to Immigration, the IO checking the photocopy of the bank book highlighted the current balance as well as the balance from last year (as I generally only update it once or twice a year at most). That made it easy for them to see that I had the proper amount in the account for the proper time.

    Having the money in a Fixed Term account earns a little more interest but if you need the money for any reason you can still get it quickly (but could lose some interest). As well, Fixed Term accounts don't come with an ATM card and you (personally) have to go to the bank to do a transaction on the account.

    That prevents anyone from "accidentally" (or purposely) taking the money, even if they somehow get a hold of your ATM card and PIN.

    Thank you for more good advice. The security aspect is important!

  5. 2 hours ago, NCC1701A said:

    both ways ok but i have fixed so it is easier for them to see that the balance never drops below 800,000. my regular saving balance is all over the place with a large number of transactions. 

     

    and the bank gives a letter for fixed accounts, not statements. also easier for them to understand. less numbers. 

     

    money goes in. nothing ever comes out. 

    Thanks - that's helpful.

  6. I have just transferred 800,000baht to my deposit account. It is shown as an international transfer. There are other receipts in the fixed account. If I withdraw money from the account Immigration might count the withdrawals as from the 800,000? So maybe I need a separate fixed account for the immigration money? Grateful for advice.

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  7. My main pension is paid into Bangkok Bank London branch who send it on to my account with a branch in Chiang Mai. Seems to work well.

    UK citizens should be worried about exchange rates. We have an irresponsible and incompetent government which has made a complete mess of dealing with covid and which is now threatening a no deal brexit. If they last that long they may be daft enough to carry out their threat. My guess is that the pound will sink against the baht, maybe quite considerably. For retirement visa I'm planning to switch from monthly income to 800,000 baht deposit.

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