Changbeer4me

Hi,

Australian Dollar Down with posible more bad news ahead.

What to do , do you hold out hoping things will get bettter.

Or jump in that hope you can get a better rate than the mid to low 60's

talked about.

How do you handle times like this...?

https://www.news.com.au/finance/markets/australian-dollar/why-the-aussie-dollar-is-crashing/news-story/e84b1f08cd181b1235ed6930e64f4cdb

Changbeer4me

49 minutes ago, pdoneleg said:

I used WWW.XE.com/ currencyconverter.....when I pulled $100,000 from my Aussie super..two years ago ..very low rate now but ...I pulled 26.6 baht 

Yeah the Oz has tanked the last week or so.

Remember the days when it was 29 and on few occassions

got 30.

Reconsidering it light of the current rate and how long before My super will release the money. i have put forms in early just awaiting confirmation they have recieved , then wait for work to send paperwork that I have finished working.

Might have to look at trip to Oz Embassy but would dread 

that trip and extra side trip to get signature checked.

Making an appoinment and getting to Embassy in BKk traffic

bit of a nightmare.   Know to stay clear of Fridays due to traffic

mayhem .  

It' the same when you on Holiday do you change all at once or take risk rates will hold or get better.

Hope USA and China sort things out.

Got to believe the USA cannot keep climbing as it has been.

But has shocked many it has and for so long.

Regards

Changbeer4me

Hoping for a better rate its just bad timing right now.

Hi.

I'm posting this hoping it might be useful and clarify some issues

when using Jomtien Immigration.

Link and PDF

http://www.pcecnews.com/permNL/Directions-for-90-day-onlineReporting.pdf

Regards

Changbeer4me

THAI IMMIGRATION NEWS OCT2018.pdf

Ok ,

Appreciate that.

Good to know 

Thanks 

Changbeer4me

Sorry Subject incorrect will try edit.

was using a cut and paste to Mate.

My bad ????

I had not seen it after reading lots of post on the subject

and the confusion around it.

7 hours ago, Nemises said:

Changbeer, do you know that you have to go back to Aus and LIVE THERE for 2 years to qualify for the age pension? (providing you also meet other pension eligibility criterion)

Hi Franko66,

Yeah am aware but got another 5 years to go, many things can change so I'm just on extended holiday strectching money out before my return to Austraila.  Mrs got a few place she like to see and want to enjoy life while young and able.   Seen to many hang on in work then unable to do stuff, so giving it a go before returning to Australia.

Regards

 Changbeer4me

Thanks for all the great advice

Guy’s much appreciated.

Keeping Bulk in My Super just sending this over for Visa, Bike, maybe Car.

Idea is to stretch savings as best we can and see what happens.

Down the path is the pension but got 7 yrs to worry about that.

Riding/ driving in Thailand I’ll certainly

habe health Insurance that next thing after visa’s sorted.

Regards

Changbeer4me

Brilliant ,

Thanks much appreciated

Changbeer4me 

Ok Thanks Gents ,

Appreciate knowledge and quick replies.

Chanbeer4me

3 minutes ago, ubonjoe said:

You will have to do it person since you will be signing a statutory declaration of your income in front of consular officer. 

Ok,

Your a busy Man appreciate your time, so many changes

don't know how you keep on top of it all.

Kind Regards

Changbeer4me

Hi ,

Is it possible to mail your income letter to the Australian Consulate in BKK.

Someone mentioned EMS serivce.

Would be grateful for links and the process if possible.

Regards 

Changbeer4me

21 minutes ago, Peterw42 said:

Swift transfers are very easy nowadays, you can do it on your banking app on your phone, literally comes overnight, usually a flat fee (around $20) no matter what the amount, and an FET to buy condo etc. your Thai bank will give you the swift codes etc .

Send the money as $AU, dont let oz bank exchange it as the rate is always lower, and needs to be foreign money to get FET.

 

Transfer-wise and similar will give you a marginally better exchange rate and variable fees and no FET.

(maybe 20k-30k more in your account than swift)

 

You appear to be buying a condo (otherwise why bring so much when the ex rate is down) so you will need the FET that only the banks can provide, so you limited to a swift transfer.

Bringing over for Retirement and set up life in Thailand

Turn 60 late October waiting fir money to be relaesed

from My Super then send over.

Want to get by with a motorbike but Mrs wants a car

will get visa's sorted first.  Buy a bike and see.

Have both Thai car and bike liecesne and bank already.

Thanks again to All for the advice.

Regards

Changbeer4me

Thanks Peterw42 and ezzra,

http://www.abc.net.au/news/2018-10-02/accc-to-investigate-foreign-transaction-fees/10327792

Regards

Changbeer4me

Thanks Hernyford for the promt infomative reply.

I would get the Statement from My Thai Bank correct

is it a matter of asking for the statement or is there a form 

required.

Regards

Martin

Hi,

I need to send Aus $100,000 to my thai bank account wondering what's the best way

This to set up for retirement in Thailand.

Greatful for your advice

Regards

Changbeer4me