john donson

santander? in europe they give half... 2.8 if you are lucky weird company... how come they can do it there and not neighbor countries? banking system... you deposit 100.000 pounds / euros /dollar they only have to keep 10% in reserve they can just add a 0 and lend out 9-10x your 100.000 whatever at 4-8% so 1.000.000 whatever at 4-8% for them and you get a pittance of a few percent for your own money that is for people that thai banks could not support to give 4-5% ... they are making 10x with your money

you reply for what? you got what I was talking about or not ? who cares grammar police?

I am an existing customer at Krungsri and I thought, maybe opt for that 0.9% per year savings account to put / move my 800k that is parked at kbank at 0.05% so I went in with passport, current account passbook, bank card, rental agreement nope... not enough need a certificate of residence... I asked, are you joking ? I am not a new customer, even brought my name on Krungsri paper with net credit card still attached for the occasion... new rules sir ... blabla... they called somewhere... answer still no... yellow book sir? driver license sir ? well, I live in a rented house and I take taxi as I don't have car...

in what a crazy red tape world we live in, when a passport, delivered by your embassy with chip and fingerprints, is not a valid document, where you can travel all around the world with, but pitty little amphur needs a photocopy paper, certified (pay embassy), translated (pay agency), mfa verified (pay government)... same goes other way... my thai divorce papers kor ror 6 and 7 need MFA, translation appointed by embassy and legalization by embassy... they all pass the KAJIEN $$$$$$ machine.... as if my embassy did not employ thai people who can read and write... thai ... and if I would come to my embassy as a joke, with forged papers, that I am divorced...

I have money locked in a zero interest saving account in green bank for immigration are people getting some interest in that account for immigration ? if it is fixed deposit and they want to see 100 baht more or less, how do you manage that... yellow bank, where I am a customer for many years, came up with the fluff they want, once again, a certificate / residence... when I tell them I am client and here is the last credit card invoice you sent me... it is... get the paper or get lost, kind off...

there might be signs, but how legal are those really, is you sublet for 30 days unless the buyers had to sign a clause in their contract that they really could not ... but then you could make rental contracts and put a clause that the minimum cancellation is one month in advance... it just starts on the day they start renting for 30 days and they broke the contract and you spicy, NO PENALLTY... riiiiight?

thanks for confirming we are not alone... lot of gaslighters here with nothing better to do than insults

grammar police english is my 3rd language how many other do you sapeeeek

scam calls and sms started not much later... can not register but they have all my info...

as long as there is some money on the account, right ? I am getting sick of all the red tape , now the problem will be sending out my money, it grew with interest and others... or should I leave it and visit one a year and cash out the interest in cash, converting to euros and flying back ? 3% cost of sending out my own money, on several million baht... it adds up... start to sound like real estate that steals 3% for showing your house/condo to some people...

if you actually go check TT rate at banks, you get waaaaay less and the real cost of sending is 2.5-3% of your money in the garbage... here at best you get 2% at the banks for a whole year and these dudes, in 2023 with one electronic transfer where you do everything yourself, get that in a second...

thai gold is not what jewelers want as it is not the right ... karat? not 22

yes, I kept for 2 years, but it did not give any interest while THB account did so I was dumb, to convert all...

was not clear or too much to read? FET, 12 years old... bank will not make a paper for land department

good tip, except bitkub makes me fill in all their crap and in the end, my passport is not enough they want a drivers' license which I do not have, is that a crime or requirement, apparently it is or a utility bill like electricity or water, ... while renting ?

Thai credit union, pretty clear... also ttb apparently change, well... those promise an almost descent interest rate, still under inflation but more than my current bank...

any idea where to find ? the condo sale office people where i would like to buy a condo are reluctant even when offered payment for their time, to go with me once to the land department to check validity of my old FET , which is 14 years old and even my bank, at head office, did not want to certify it or make a new statement, even with FET and passbook in hand (proof of the deposit of the thb)... for them it is too old... sending money back incur a 2.5-3% loss of money, both ways... which is crazy as I legally sent my money to thailand, to an FCD account at the same bank, 'sold' it to the bank to get THB, 12 years ago.

when the bank is asking to be registered in a blue or yellow book, they don't mean certificate... I asked about residence certificate of immigration or from embassy, nope... yellow , blue (not possible anyway) or GO AWAY

feasible or not ? kind of getting bored with bank asking for a blue book, while foreigners cannot be on one so I was thinking, what if I would try to find the cheapest thai social welfare condo that was available... would that be possible to do the needed steps, after buying the piece of c... to go to ampur to get a yellow book to finally shut up banks when they are asking their ridiculous demands of being registered as if having a passport and a retirement visa and a rental lease with your name on it is not enough if there is a yellow book 'agent' like they have for visa's and extension, would prefer that option... maybe there is a whole new business model for them to start adding farangs on their tabien baan ?

my story… I did send tens of thousands of euros to a Kbank via swift via my home country to a foreign currency deposit amount, 14 years ago. When it was clear I wanted to live here for the rest of my life, I converted, sold the euros (FET receipt from bank) as that account was getting ZERO interest of the bank and Thai fixed deposit gave ‘something’. It was just after 2008 and European banks got free unlimited money from EMF at zero rate to survive and gave near ZERO interest. Ok, now 12 years after I converted my euros for thb. I wanted to buy a condo soon with what was remaining and I expected the bank to make me a paper for the land department to prove my money came from my home country. I still had the original FET receipt with the amount in euros and thb. Land department off course does not accept a 12 year old paper, they want a recent bank letter. I went first to my local branch, up to the branch manager, that told me to go to the office where I opened my FCD account, but I closed it after converting my euros. They could not help because my paper was more than 10 years old. So they told me to go to the main Kbank office and guess what ? Another trip for nothing… paper too old. When I said, but I send this correctly, via SWIFT from my home bank to YOU, Kbank, on the correct account… and even the main branch has no records over 10 years ? With old foreign exchange certificate etc… same bank book… So I am living in lalaland again… money, not to be used for buying a condo, not able to send it back home either, because of… lack of current FET receipt that they don’t want to print again. So I was wondering, if it is legal, and if people have a euro account in Europe, for example, if they would send me 100 euro, while we both are in my Kbank, I can withdraw the amount in thb, of value of the euros Kbank sells, you know they make money by giving you less when they buy your euros. I could give you Bank sell rate, right there in the bank, both of us. I get rid of useless Thb, well useless, I need Euros in my Europe bank account, to eventually send back to Thailand for the bank to give me the certificate it came from my home country. I avoid transfer costs and bad thb converting to euro, if I could send it back that is, you would get the Banks sell rate, fresh from the bank teller into your hand, no tricks, no cheating, you get best thb for your euros… Is this legal ? Allowed ? Why everything always have to be excessive difficult for non thais? edit note: no I do not have a wife or adult child or a girlfriend I can trust, the first took the house I paid for in the divorce, lesson learned.

as the forum is full of wealthy members that talk about high yield this or that, but never share actual real tips about investment products... did anyone go that path and got better from it financially ?

is that legal, doable ? I saw some high end airbnb listed condo in a tourist area and they were asking 2,3,4 times the normal rate based on a 1 year contract...

did the whole procedure many times over... photos and scan are clear... then it is ..we will send you sms within 3 days which never comes... is it even possible for a farang to have ?

you showed off 77 BTC some time ago so you are a big shot.. worth 84++ million baht or more... I understand you want it back to 2 million baht or more,giving you 150+ million baht... I cannot even make an account with ridiculous bitkub with their requirements... I would have bought at 600k last year, but gave up... at what price did you buy your BTC? less than 10.000 baht I assume so for you it is 100x - 200x, easy money...

you are from what country ? as my home country, will steal at least 35% of that 3 million in inheritance tax even living full time in Thailand for the last 10+ years, with no home address in home country, no services like social security, pension, child allocation... disgusting to get stolen upon your death with zero services rendered... but if you are from Uk, guess your family gets to pay nothing up to 325.000 pounds... I was mistaken that as my children are (also) Thai and we all living here, that the THAI inheritance law would work, aka, pay no tax till 100.000.000 baht, guess in place to help the ultra wealthy in this country to keep their wealth