richard_smith237

15 hours ago, Lorry said:

So the exchange rate you get is the exchange rate of SCB at the time of buying yen.

Which one? T/T rate or the rate for notes? Or do they have a special rate for their travel cards?

 

BTW the real Superrich with the best rates is the green one, not the orange one.

You get the 'going exchange rate' at the time of transfer.... 

Effectively, its the same as buying cash...  you get it for whatever the exchange rate is at that time of purchase. 

Regarding comparison of rates between SCB (Banks Vs Superrich) - todays rates.

SCB Planet:      10,000 baht = 42,735.04 JPY (Rate 1 JPY = 0.2340 THB)

SuperRich:       10,000 baht = 42,643.92 JPY (Rate 1 JPY = 0.2345 THB)

The difference in rates is negligible..... the convenience isn't.

4 minutes ago, fondue zoo said:

Outstanding

Not really, she must have stuck plasters over them...    

2 hours ago, Sticky Rice Balls said:

Love hanging with the LBs...hot to look at and can drink me under the table!

... are the sticky rice balls theirs or yours ?

1 hour ago, WDSmart said:

I play golf twice a week. I speak Thai with the caddies, and I've named my hybrid clubs (a club that is a cross between a wood and an iron) "kathoeys," like "kathoey 2" or "kathoey 4," since that also carries the meaning of "hybrid." The caddies all understand and like that.

..... when the hybrid clubs first came about the Caddies didn't start naming them that 20 years ago ???  

2 minutes ago, koolkarl said:

On 5/15/2024 at 10:35 AM, richard_smith237 said:

 

Why ? what do the government get out of someone buying their 7-11 toastie with their TrueMoney wallet ????

Figure it  out.

50 minutes ago, koolkarl said:

7 hours ago, george said:

Wow! Could you please elaborate on that?

Figure it out Einstein.  I don't spoon feed for free.

You can't answer the question either because the delusion is just that....  

The degree of paranoia is quite amusing, in a pathetic 'I don't want the government to know what type of underwear I'm wearing' kind of way...  

1 hour ago, Liverpool Lou said:

1 hour ago, renaissanc said:

5 hours ago, proton said:

The obligatory book full no doubt of self pity and exagerations

If you can't be kind be silent.

"If you can't be kind be silent", ironically, also applies to your comment admonishing him!

And yours for admonishing him admonishing him...   and now mine for admonishing you admonishing him admonishing him !!...

This could go on... 

50 minutes ago, CanadaSam said:

If it's the car in the picture, I will offer you 500,000 cash 😁

It'll cost you more than that to insure it each year... 

1 minute ago, Speedhump said:

Don't you know how to block people on social media. I would have done that as soon as I got one shirty message. Easy life.

Yup - they got blocked after proving themselves to be diyakheads.. 

22 hours ago, scubascuba3 said:

Yep last year when i sold my Honda Click, i had 30 messages, the low ballers just get ignored

I recall having a couple of Westerners getting quite upset with me because I wasn't interested in their low-ball offer... 

I was selling my car for 3 MB... and I recall one Westerner offering about 2.2 Million Baht... I just said nope, too low... 

He wanted to negotiate and I told him not from that starting point...  He got angry, and started telling me I don't know how to do business and I should learn business 101...  he flooded me with angry messages !!... 

The car sold within a couple of weeks for 2.95 MB.

With another car, another westerner got angry and was rude after I rejected his lowball offer....   I told him even if he offered me the asking price he can go F himself... he's not getting the car !!... 

There are some very entitled people when trying to sell something - it goes with the territory I suppose, but some can get nasty... 

4 minutes ago, ujayujay said:

I sold my Mazda 2 with Bathsold within 2 Weeks, easy.

Baht&Sold has a very limited Audience...      just expats really and thats missing a huge proportion of the population.

By all means list and item there...   but don't go exclusively with that IMO...   

List in as many places as possible... 

... and also watch out for people trying to 're-list the car...   (acting as middle men to make some cash).

9 minutes ago, newbee2022 said:

Try it on Facebook or trade it in🙏

Trade it in for... ????

Trade it in for a new car at the dealership you mean ???... If so... Dealerships in Thailand offer appallingly low trade in values and often only accept the 'same brand'.... 

I did ask similar when purchasing a new car...    I asked them if they'd accept a trade in (same brand), they would but I was shocked at the lowballing... about 70% of the cars value...     The 'tents' aren't much better...  they may offer about 80% of the value you could sell the same vehicle for privately. 

Facebook Market Place is most definitely the place to sell if the Op wants the best price.

7 hours ago, Jonathan Swift said:

7 hours ago, stoner said:

 

30 years plus driving and i have never once mixed the gas and brake. 

People can suffer anxiety or panic attacks and do such things. I never pushed a car off a cliff, but I've done some things under such attacks. Not saying that's the case here though.

Its been mentioned before on this forum...  that some drive with the left foot for the brake and right for the accelerator, and when panic sets in this happens... 

... the underlying issue is of course, no driver training.

2 minutes ago, digbeth said:

There are revenue threshold of 2 million baht per year that if the shop reaches, has to join the VAT system, business tax on profit of course is separate 

the new reporting rule from bank is anyone that has over 3000 transactions get reported to revenue department,

And whats wrong with that ??    

Are you suggesting everyone should be avoiding tax by using cash ?

This leads to a larger debate about tax.. but one of the reasons some countries are less developed can be tied directly to the amount of tax paid, or rather the amount of missing tax... 

If everyone paid tax - there may be a national ambulance service, a better fire service, better public hospitals, Police better paid and less corrupt etc...  No one likes paying tax, but it benefits society....   

Most businesses already have well over 3000 transaction... my BiL has a restaurant and probably exceeds 3000 transactions in a month... many of those are 'online orders'...  

Regarding the VAT issue... thats also beneficial as it avoids the cascading of tax in other areas, public funds have to come from somewhere... so people Pay VAT on their spending....  there is less demand for income tax etc...  

Thus a noodle shop selling a bowl of noodles for 50 baht...  may have to increase their price to 55 baht to account for the VAT - but theoretically, that offsets the demand for income tax, but greater spending power remains in the market

The economics its more complex than this of course - but again, it highlights the flaw in the argument you presented. 

5 hours ago, josephbloggs said:

12 hours ago, it is what it is said:

pay by cash, it's much quicker than faffing around with the QR code payment system

 

Pay by QR, it's much quicker than faffing around looking for the right money or waiting for the cashier to count your money, calculate change, then get the change, then count it twice, then hand it over and wait for you to put it away before they can serve me. Not to mention all the germs that money is coated in.

Such nonsense posted in these threads. If you like cash, use cash. No one wants to convert you to cashless - we don't care - just do what you prefer. But don't make up stupid stories to try to make cashless sound slow or inconvenient, just use cash if you prefer it and save us the boring posts.

Absolutely agree...    

... Though, I don't want to live in a world without cash...    my own reason for using cashless is nothing other than it being so very quick and convenient... 

I guess its how adaptable we are to the changing and developing world. 

That said, the debate has a place... and its interesting for me as it highlight the extent people will go to to justify their choices and seem to lose a sense of critical balance. 

I want to point out, that I'm not anti-cash... 

There is a place for cash in society, I believe all shops should accept cash and all payment options. Its bad business to refuse any payment method.

But... what I do see in these debates is repeated flawed arguments against 'cashless' payments. 

------

The only valid argument I have ever read about cashless payment is the devaluation of currency when the cashless transaction comes at a cost...  (which it doesn't with Tap-n-go, QR Payment and TrueMoney, Apple Pay etc).

BUT...  the 3% credit card charge per transaction IS and issue..  thus, when a person pays 1000 baht for an item, the vendor receives 970 Baht..   That 1000 Baht is now worth 970 baht to the vendor, who pays another vendor by card, that original 1000 Baht is now worth 940 baht....  After 22 Credit Card transactions the value of that 1000 baht has been halved...  to 511 baht (if 3% is taken each time).

But, that doesn't happen with QR payments or TrueMoney Wallet - so its only an issue with credit cards. 

But, we don't see the same 'anti-credit-card' argument as we do the 'anti-cash-less' (anti QR payment argument) - which highlights to me the whole basis of this argument is not based around fact, but purely emotional and some are attempting to justify their 'emotional choices'... 

If people have their preference, just because thats what they prefer, thats fair enough...   But the arguments presented to justify that choice are often very flawed. 

3 hours ago, digbeth said:

Actually, some Thai vendors who previously accepted QR transfers are now rejecting it as they were hit with a visit from the revenue department and tax bill as certain threshold of incoming transfers trigger automatic reporting by the bank 

Two points here... Firstly... Tax is paid income from profits.. not turnover... 

Which 'Thai Vendors' were visited by the revenue department ?? -  are you sure you aren't projecting some 'whatifery' into the debate and peddling it as something that has occurred ???

3 hours ago, digbeth said:

Other reasons that shops that previously accepted QR payment but now reject it is some old mom and pop got scammed by buyers that show their screen that they'd transferred but didn't, some old folks don't know how to check if they had received the funds on their end, or it's the shop owner's account and employee can't know if the payment came through or not

QR transfer is as instant as a debit card, credit card, union pay, tap-n-go transaction...   there is an instant notification of the receipt of funds..   

Those not checking funds have been received are opening themselves up to scams as you pointed out - every time I use a QR code payment, the vendor doesn't need to see my confirmation as they receive their own.

But, how is this issue any different from receiving counterfeit cash ??

Additionally...  businesses can set up notification to more than one devise... i.e. thats how shops know you've paid - they don't have access to the account, but have access to the notification of payment at the point of sale.

That said, I'd agree that a 'mom & pop shop' may not have this set up correctly... and an assistant may not be able to confirm that the account has been paid as they may not receive the notification... But again, how is this different than someone paying with a 'fake 500 baht note' ??? - can the average Thai shop assistant identify a fake bill ?

---------

The 'Anti-cashless' argument always seems to carry the same flaws...  the point raised are based around paranoia and when presenting the argument the balance of a bigger picture is missed - as above, digbeth only mentioned the risk of getting scammed by a photo of a QR code, but ignored the risk of 'counterfeit cash'... 

4 hours ago, george said:

4 hours ago, koolkarl said:

Governments have a record on their computer systems forever of everything you buy, where and how much.  It is the ultimate government control and a reason why cashless is coming soon.

 

Hmmm. Do you think the Thai Govt are checking your 7/Eleven and Lotus purchases and how many liters you fill up in your vehicle for example? And scrutinizing your electric bill if you pay online? Or your bar bill if you pay with QR?

Exactly... Some of these guys seem like absolute nutcases...  kind of like the doomsday preppers of the monetary world - they're buried so deeply into their paranoia the simplicity of common sense eludes them...  

We've been paying with our Debit Cards, Credit Cards for decades...     We've been paying with 'tap-n-go' for about 10 years... a QR or True Money wallet is not really any different.

1 hour ago, MrJ2U said:

4 hours ago, scottiejohn said:

They are not "available everywhere"!  They may be readily available but not everywhere! 

Just three doors down from where I am sitting in CM (a main road in the city) the shop owners don't even know what a QR code is never mind use them!  My laundry does not use them either!

 

Perhaps they don't understand you?

 

Thats a more realistic possibility.... 

Its like going into a 7-11 and asking them to Microwave a food item you've purchased... Use the word microwave and you'll get a blank stare... Use the word 'wave'... and thats it.. they know exactly what you want. 

Its the same with the QR code... Mention anything other than 'Sa-kan' (scan)  and they won't know what you mean...

While there may be 'some' vendors who don't use QR payment, these days most do, wet-markets, even if you don't have the cash to pay a taxi driver he'll accept a QR Payment...   7-11 is the one of the only places I know that doesn't (as its TrueMoney Wallet there for reasons explained by others).

4 hours ago, koolkarl said:

21 hours ago, richard_smith237 said:

 

Why ? what do the government get out of someone buying their 7-11 toastie with their TrueMoney wallet ????

Governments have a record on their computer systems forever of everything you buy, where and how much.  It is the ultimate government control and a reason why cashless is coming soon.

Entertainingly Orwellian... .     Are the government going to tell me I've bought too many 'toasties' in the last 12 months ?

These 'government control' comments are always hilarious...    Did you pay cash for your car ?...  never used a credit card ?

Paying digitally for every day items is going allow the government to control us how exactly ??? 

Ultimate Government Control !!!..    how 'tin-foil-hat-ish'.... 

4 hours ago, scottiejohn said:

Easier to open a second minor spending/saving account with a card and transfer into it as required for shopping!

Yup... very much so...    

Have main account...   then a secondary 'user' account which is topped up as and when needed...