Everyman

The restrictions on transfer amounts to those banks is enough reason to avoid them, by itself. Kasikorn is very popular. I often pay freelancers with scan pay and they have the KBank app 75% of the time.

I don’t know about other banks, but I managed to move the Bangkok Bank app to a new phone in Australia when I got one there.

The whole bill is an ugly mess. Congress should just let the tax cuts expire. The government needs more revenue. What I find weird in the press in that when criticizing the bill they call the tax cuts “for the rich.” Yet when the consequences of allowing the cuts to expire are discussed, they say it would raise everyone’s taxes. It surely can’t be both.

Sounds like you need a better phone.

yes because the immigration officer’s name is written on it.

I put more stock into such threads when there is a technical explanation rather than a social one. For instance, I have never had a problem with Wise, but I always use the phone app and never transfer from a PC. I do see people claiming they “have been in Thailand 30 years and never been ripped off by a taxi or tuk-tuk.” I am sure those people are lying, probably about being in Thailand at all. Thai people are regularly ripped off by taxis, so maybe those enlightened foreigners can teach Thai people how to do it.

That sucks but it clearly only affects money sent by non-U.S. citizens. Still I had to find a different article to read that, since the NY Times article kept blathering on about Africa instead of the details of the bill. So for US citizens sending money to Thailand it will mostly be a matter of proving US citizenship. Still, better the bill not pass at all.

Exactly. We waited. Nothing happened. Story over.

To avoid the 250 baht ATM fee. Is this a serious question? Did you just wake up with a hangover ?

I doubt that will work anymore, if it’s even worth the risk. And if it’s still possible it will be a lot more expensive.

So it is now impossible for new retirees to convert to a NON-O visa in country. Got it.

I’ve been expecting that this would happen, eventually. That said, the rumors that it will affect other nationalities are just rumors at this point. Until they aren’t. 😟 Since there is speculation in the article, I speculate that all foreigners will have to show up at a branch and show one of those three types of documents, as a once off, or have their accounts closed. That will affect me since I opened my BBL account with a work permit in 2005, but I no longer have it and I am still too young for a retirement visa, am not married and don’t own a condo. Edit: Maybe I will get lucky and they will only close accounts opened in the last few years or something.

It asked me for a scan when I first tried to set it up. Two days later asked again. And again. Two days later again . i gave up

what the hell are you talking about

Calling the Trump tax cuts “tax cuts for the wealthy” has always been total nonsense. It comes down to, which is more? 5% of 50,000 or 2% of 500,000? The latter is more in absolute terms, even though the percent is larger on the first value. But saying tax rates are lower on the second is just dishonest. If the tax cuts expire (and they should, it’s the best option) then watch how fast the narrative shifts to describing it as a tax increase on everybody. Nobody will even mention “the rich.”

I wasn't a Thai tax resident in 2024 and I won’t be in 2025.

In Thailand they make the announcement before the decision. I think about all the hysterical, panicking foreigners over the last two years wasting money on tax advisors and time trying to get a TIN. All they had to do was nothing.

It always seemed unwise to use Wise for amateur Forex trading. As if we know what the baht or other currencies will do anyway. Best not to hold currency with them. They are not a bank. Just have them deduct funds as needed from a real account when sending money.

That pink bank is crap. My friend has an account there that he has to use because he works for the Thai government. He complains about it constantly.

This app looks completely pointless. Why would I want convert foreign currency into some crappy card? If it worked like WeixinPay or Alipay in China where you can link it to a foreign credit card, that would be useful. Although the foreign bank tends to freak out and it requires a few phone calls to explain what is going on.

Sorry about your experience. It seems consistent with the experiences of others in that there is no consistency from TRD and one should stay away from them if at all possible. It especially dumb in the case of long term resident visas because these are supposed to be the “high quality foreigners” that Thailand is looking for. Im outside the Kingdom at the moment but judging from the news there’s been general change of sentiment and Thais are really turning against foreigners in general.

Apparentjy your wife needs one. You’re just using her account.

My BKK Bank account is registered to a phone number that is also registered to me. I have not received any such notification. I am overseas at the moment, outside Thailand.

that information is out of date, if it was ever correct.

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