30% Holding

[Lost in LOS]

I know this has been discussed before but things change here daily. i have an account at Bangkok Bank and need to transfer in about 25,000 dollars. I know it has been the ruling that above 20,000 is subject to the 30% holding. Is this still happening. I really dont want to discuss this with my bank. If i know it will come in without problems i will do it in one transfer, if it may be a problem I will have to do it in two.

thanks in advance

Jimmyt

[lopburi3]

Well the way to avoid the withholding is to discuss it with your bank. If not it is up to them - and with no contact from you I suspect if it is above 20k they will send 30% to the Bank of Thailand until you prove that it should not be subject to the withholding.

[backflip]

"things change here daily"

No, you're just to lazy to do your homework. Who knows why you refuse to communicate with your bank. If you want to - not that you have to, not that you have to skill or desire to - you can always do multiple transfer in less than $20K . I did that, and there was no problem.

[Lost in LOS]

"things change here daily"

No, you're just to lazy to do your homework. Who knows why you refuse to communicate with your bank. If you want to - not that you have to, not that you have to skill or desire to - you can always do multiple transfer in less than $20K . I did that, and there was no problem.

Thanks for your answer Lopburi, I appreciate your help. Since you are curious Backflip I will explain. Bangkok Bank has long lines and for the most part unfriendly managers to discuss things with, and if, god forbid, something goes wrong and they hold my 30% by mistake yes I am too lazy to deal with them. As for you nasty comments you can keep them to yourself, do you speak to people face to face like that or just from a keyboard? You may have noticed I mentioned I will make multible transfers at $45 dollars a pop if the law has not been changed, and yes, I do have the skill for that.

thanks Guys

[Phil Conners]

Bangkok Bank has long lines and for the most part unfriendly managers to discuss things with

Yes that was also my experience when I used them. Suggest you vote with your money and take your money elsewhere.

I changed to SCB. We're still in Thailand but it's a very different ballgame.

[Lost in LOS]

Bangkok Bank has long lines and for the most part unfriendly managers to discuss things with

Yes that was also my experience when I used them. Suggest you vote with your money and take your money elsewhere.

I changed to SCB. We're still in Thailand but it's a very different ballgame.

I am planning on changing banks but I have my 800K in there for three months getting ready for O-A renewal and dont want to "rock the boat" I will check on SCB since BB is not customer friendly after my renewal

thanks

[Maestro]

...transfer in about 25,000 dollars...30% holding...if it may be a problem I will have to do it in two.

It definitely may be a problem. Follow your plan and split in two.

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Maestro

[Karen51]

Forgive my ignorance as I am new to this board / subject, but does this 30 percent holding (25,000 dollars) apply to just US Dollars or any other currencies brought in?