Oorinara

Islamic Bank currently offers 3.11% p.a. for 11 months fixed.

Welcome to Thailand, where cheep and lo-so Farangs tend to gather.

China and Vietnam used to have double tier pricing in transport, tourist attraction, etc., but have abolished it already as governmental policy.

National parks, managed by the government (or its concessionaire?), must not have it, if the government doesn't want to discriminate foreigners. Not to mention privately operated amusement parks.

To me it's just a matter of discipline or commitment, but Thai version of it may be different from mine...

LH Bank 3% p.a. for 15 month fixed.

http://www.lhbank.co.th/promotion/description/1496

Prayut reportedly has checked thru police reports by himself and says the police deserves praise.

In Thai society, especially under the current Junta regime, if he views so and says such, the upcoming court trial must be biased or distorted.

Implying the head of government administration doesn't honor or understand the independence of justice, or importance of it, or combination thereof.

Same observation with Catweazle. Except for that I'm afraid that village chiefs and their surroundings have contributed in money or another to and are well connected to Suthep, whose home ground is Surat, and Junta. My wild guess, though.

The island's ruling chiefs have never been free from rumors of murders at least since early 2000s, when I stayed there for several months. Many Thais and foreigners living in the island may have heard of it. Of course it can be a typical rumor, which idle locals invent just to kill time. But, if rumors be somewhat believable, then no locals could object or challenge to them for fear in that somewhat isolated island.

Btw, arrested Myanmar guys seem to be Karen, judging from their faces, according to my Karen friend. If so, hope Myanmar consular general extends same treatment with mainstream Burmese to Karen.

Tks, Fletch, but I should have made it clear that my passport is neither Thai nor US. And I also don't have green card, Social Security number, US address and US account... Nomura says they don't accept any foreign nationals regardless of work permit.

I recently went to Capital Nomura Securities headquarters in Sathorn for account opening but just to find that they only accept Thai nationalities. I brought non-Thai/US passport and work permit but was denied.

I wanted to avail this iFund account for trading of multiple funds...

http://www.nomuradirect.com/en/product-service/omnibus-account.aspx

Thai Credit Retail Bank offers deposit rates of

- 4%, tax free, for monthly savings over 36 months, and

- 2.9% or 2.95% (if more than 1 mil.) for 12 months fixed term

http://www.tcrbank.com/

Me by TMB has reduced interest rate from 3% to 2.75% up to 10 million Baht.

https://www.mebytmb.com/interest/

GHB is a governmental and deposit taking financial institution owned fully by Ministry of Finance. So are GSB and Islamic Bank.

http://www.bot.or.th/English/FinancialInstitutions/WebsiteFI/Pages/instList.aspx

Govt Housing Bank relaunches 2.75% High Savings, non fixed term.

http://www.ghbank.co.th/en/content.php?id=40

Tks, AyG. I've gone over many fund houses' site and info, and found that Nomura be seemingly the only broker providing online trading of funds of a few fund houses, from multiple asset managements.

CIMB Thailand

Senior Fixed Deposit 12-month, 3.25% p.a., Tax-Exempted Interest

http://www.cimbthai.com/CIMB/en/personal/promotion/deposit/senior_fixed_deposit/

Unsure if Thai resident of foreign nationality can avail.

Online trading of Mutual Fund - Nomura iFund

http://www.nomuradirect.com/en/product-service/omnibus-account.aspx

Anyone knows securities companies providing online trading of mutual funds (not ETF)? Nomura does as linked above, but wonder if any others (KGI and Kim Eng seem not)?

Asset Managements such as Aberdeen and One Asset provide online trading, but of their own funds only.

Tks, Fletch. I also compared One Asset Management's active SET50 (mutual fund, Morningstar 5 star) and passive TDEX SET50 (ETF, 3 star), and found the former has outperformed the latter over several years.

Fletch; ME by TMB is only for Thai nationals per its website, isn't it?

Have invested in TDEX, an ETF with top ranking by Morningstar (though 3 stars, still best ranked ETF in LOS), for several months. Good performance, but often difficult to trade (actually, buying only so far), say, 300k baht at once. Liquidity seems low or at least fluctuates, and sometime daily transaction is only 200+k baht. So trading consumes much time during working hours (interesting hobby though, if retired and amount properly managed).

Rather new to ETF in LOS, so wonder if I am just unlucky in timing or anyone having similar experiences.

Having UOB Smart Div., Aberdeen LTF and RMF, am considering replacing TDEX with conventional mutual funds or at least non-listed index funds.

UOB Thai seems to be offering 5%, for limited duration and up to 105k ceiling, if my Thai reading is correct.

http://www.definebyuob.com/file/Flyer-DEFINE.pdf

http://www.definebyuob.com/

Just to add on my previous post: if I survive over coverage period of 5 yr, I get 100k back to me.

Life insurers offer savings plan. Bangkok Life, for instance, sold savings plan with interest rate (IRR) of 4% p.a. last and this year for a limited promotion period. Now, seems to be 3.75% (their English website provides little info though).

Pays out sum of premium in case of loss of life. Bought 100k last year, which returns 4% every year over the coverage period of 5 yr. During 5 yr, if I pass away, my beneficiary receives 100k. Period for premium payment was just a single year, hence no need to commit contributing over several years.

Effectively like 5 yr deposit with 4% interest but no compound (no leverage as life insurance, though). Free from 15% withholding tax on 4% 'interest', cause ain't no bank deposit.

Premium is tax deductible up to 100k p.a., should you pay personal income tax. Of course you can buy more, if you want.

http://www.rd.go.th/publish/6045.0.html

More like deposit than insurance. So, didn't post onto insurance thread.

One can extend non-immigrant visa for a year and thereafter with at least THB 10 million deposited in Thai bank, invested in Thai government bonds, invested in condo, or combination thereof.


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> #53

Update

0.5mil.: LH Bank Privilege

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Recently opened an account with UOB Thailand. Required docs for foreigner: passport, work permit and proof of foreign (country of passport?) address. Proof of foreign address includes international license, utility bill, bank statement, ID card with residential address (other than passport), etc., and is necessary for foreign or non-taxable status to the US, according to them. First time for me to be required it.