Surasak

3 hours ago, RSD1 said:

Yes, they both offer the midmarket rate. But Interactive Brokers has no limit on exchanging at the mid market rate without fees whereas Revolut does have a limit and then starts charging fees. See below:

 

When converting US dollars (USD) to Thai baht (THB) in your Revolut account, the fees depend on your subscription plan, the amount exchanged, and the timing of the transaction.

 

Here’s a breakdown:

 

• Standard Plan:

• Exchanges up to $1,000 per month are free on weekdays.

• A 1% fee applies to amounts exceeding this limit.

 

• Plus Plan:

• Exchanges up to $3,000 per month are free on weekdays.

• A 0.5% fee applies to amounts exceeding this limit.

 

The plus plan carries a fee of £40 per year. So Revolut is free on currency exchange only up to a maximum of $1,000 per month on their free standard plan.
 

Revolut also charges a standard 1% fee on all weekend currency exchanges, regardless of plan or account type. 

I would challenge you on the last statement. Last month I sent £1000 from my Revolut A/C to my Kasikorn bank on a Sunday. It arrived

within one minute and no fee involved. I am of course using UK Revolut A/C, not a USD A/C, so there my be a difference?

3 hours ago, Millian said:

When using a Revolut card to mark card payments, either using physical card or online, is there a surcharge levied by the merchant for using a foreign card?  (not talking about atm fees, or currency exchange fees, just a fee for using a foreign card)

I've seen some people say yes, others say no, other say sometimes, so wonder if any one with actual experience?

I transfer £1000/month to THB on my Revolut card a no charge. I then us this for Thai purchases with no merchant charges. If used in an ATM the usual fees apply.

13 hours ago, RSD1 said:

I don't understand what you mean. I make lots of card payments from my Wise account using both physical and digital Wise cards and it never costs me anything to use those cards. No fees of any kind. So how could Revolut be cheaper for this purpose?

I will keep using my Revolut card, its cheap enough for me.

On 1/12/2025 at 9:29 AM, Yellowtail said:

Codes in the US are generally designed to save lives, not buildings. 

 

The Palisades fire:
Structures destroyed: 5,316
Acres burned: 17,234
Deaths: 2

 

Deaths 16!

2 hours ago, roo860 said:

Robbing <deleted>

Is that Robin Hood's Cousin?😄

1 minute ago, The Fugitive said:

Not any longer I'm afraid. No pay by the minute either. However, subscriptions are cheap.

Perhaps when my present subscription expires, maybe. But is still good for 9 month yet.

On 1/8/2025 at 4:49 AM, NoDisplayName said:

Shazam!   That Trump is one clever dude!

 

He's got y'all pushing Kremlin propaganda talking points!

 

Here’s why Trump’s talk of annexing Canada and Greenland should not be dismissed

The US president-elect’s “shopping cart” of other countries’ properties should worry all American vassals

https://www.rt.com/news/610533-trump-annex-canada-greenland/

 

Trump demands Denmark hands over Greenland

The US president-elect has also refused to rule out military action to retake the Panama Canal

https://www.rt.com/news/610559-trump-greenland-panama-military/

He could purchase the UK. That would give him a few headaches for his term in office.

You could  purchase a UK Skype number @£38/year. £10:00 credit allows you to call from anywhere in the world @ approx 1.5p per minute. It also allows any call to your UK number to be transferred to your Mobile, anywhere in the world at the UK local rate and no charge to you. If you make many calls to the UK it works out quite cheap. Also 0800 numbers are free. As they say, up to you.

2 hours ago, Tropicalevo said:

 

You have probably missed out on an awesome deal from a Nigerian Prince trying to give away his money. 

Now, had it been a Princess! 🤩

About 60 years ago, my then wife had been shopping in town and returned with full bags of items. "Where's John," I asked. The look of shock was w picture, but no camera phones back then. She rushed off back into town and found him asleep in the pram outside the pharmacy.

I don't have a defeatist attitude and never gave time a thought when I moved here. What's your excuse??!!

4 hours ago, mdr224 said:

Whose at fault here from the comments seems to depend on whether you like the US or not

Nothing against the US, but some of the people who live there? Like any other country, there are advantages and then there are people.

2 hours ago, AhFarangJa said:

He was definitely undercharged then....

"Yesterday, The Frenchman woke up to discover that all of his cash disappeared and he requested to check the hotel’s CCTV footage and saw the sex worker leaving the room with the cash in hand."

Definitely a cash in hand job, then!

20Mbs/100GB per month. Dtac B2090 post included. Shopee. Expires 30/11/2568

59.25B for my last transfer of 40.000B to repay a loan to a friend into a BKK bank using Revolut.

So. If the majority believe the earth is round like a ball, how do you explain a spirit level!? Just saying🤔

4 hours ago, arick said:

There is no variable answers there's either a swift code or just the bank name and account number.

The BKK  BOOK code I was looking for is FTT I believe? However, thanks to all for trying.

I started out with nothing, and still have most of it left. No point flaunting wealth I don't have, I might get robbed!

7 hours ago, SAFETY FIRST said:

I assume a typo, it would be an international driving permit 

 

Are non Thai's eligible? 

 

"Are non Thai's eligible?"  No reason not to be. I applied for and obtained an IDP almost six years ago, when I was intent on a visit to the UK on a Thai Driving License. On hiring a car I was not asked for the IDP, but I had it just in case.

5 hours ago, chiang mai said:

Interpretation of the Thai tax rules is not the issue that I commented upon, the accuracy and appropriateness of your opening statement was. What you wrote was incorrect and set the stage of understanding for many people, inaccurately and inappropriately.

 

"the Thai government put a new law into affect that created a personal income tax on all cash transfers into Thailand which applies to all residents of Thailand",

 

I appreciate that you subsequently asked a question but you framed or preceded it with false information and not every reader is up to speed or aware of the issue.

This is not a NEW LAW! It has been in existence since the 1970s to my knowledge, but only this year been fully implemented.

16 hours ago, ChumpChange said:

Like all the other past hare brained governmental brain farts intended to grab even more money out of the pockets of the people who come here and do nothing but spend money, this is just another disastrous misstep. 

 

And just wait until all the foreigners in the first three months of next year start showing up at their local TRD tax office to file a tax statement. Probably the majority of the people working in those government offices don't speak English, let alone Chinese, Arabic, Russian, etc. Not only that, many of the foreigners will be showing up with all kinds of financial documents written in various different foreign languages. I can imagine not only is this going to be a major headache, and an extra unwanted burden for the government employees who don't benefit at all from any of this, there will probably be a fair number of blowups with foreigners losing it when the locals don't understand their financial reporting questions. You will be sure to get a bunch irate foreigners souring the milk since emotions can easily turn hot when it's all about matters of money. 

You may well be correct, but will the TRD insist on either Thai or English only, written statements as do Immigration? This again will cause all kinds of problems for some. Getting translations and then having it verified by MoFA in BKK. That on its own can be a real hassle and possibly expensive?

17 hours ago, MrMuddle said:

Apparently Nationwide are now asking account holders to confirm their personal details, such as home address, phone number etc. Will they / any other UK Bank allow British citizens who live in Thailand to have accounts with them? Any recommendations for UK Banks that accept Brits who live in Thailand?
Thanks for any replies.

If you have an address in the UK it is possible to have an A/C with Nationwide, mobile number also required. However, they will ask if you are registered for Tax in any other country. It is then up to you what you tell them, whether they can check or not I am not sure.

5 hours ago, Social Media said:

 

The European Commission has initiated legal action against the United Kingdom, accusing it of violating the terms of the Brexit agreement. This marks the first significant clash between Brussels and London since Keir Starmer's government took office. At the heart of the dispute is Britain’s alleged failure to uphold EU law concerning the free movement of people.  

 

Under the Brexit deal, finalized when the UK officially left the European Union in early 2020, both sides agreed to protect the rights of citizens who had already settled across their respective borders. This meant European nationals and their families living in the UK were to retain their rights to reside, work, and study, while British nationals would have equivalent rights within EU member states. However, the European Commission contends that Britain has not fully complied with these provisions, and has taken the matter to the Court of Justice of the European Union (ECJ).  

 

Although Brexit formally ended the UK's obligation to adhere to EU law, certain aspects of the withdrawal agreement remain under the jurisdiction of the ECJ. This arrangement has been a contentious issue, particularly among pro-Brexit politicians in Britain, who view the continued influence of the European court as undermining UK sovereignty.  

 

In a strongly worded statement, the European Commission criticized the UK’s “shortcomings” in implementing the agreement, asserting that these failures continue to negatively impact EU citizens. "After carefully assessing the replies of the United Kingdom, the Commission maintains that several elements of the grievances remain unaddressed, including on the rights of workers and the rights of extended family members,” the statement read.

 

The Commission emphasized that the violations in question occurred at the end of 2020, shortly after the transition period concluded. It noted that Britain’s actions, or lack thereof, have left unresolved issues that affect the lives of many EU nationals.  

 

As the legal dispute unfolds, it underscores the ongoing tensions and complexities in post-Brexit relations, with both sides striving to navigate the challenges of maintaining commitments while asserting their respective interests.

 

Based on a report by Politico 2024-12-17

 

 

 

A two way street. The EU are doing much the same with Brits who have settled in the EU.