billd766 Posted November 16, 2019 Share Posted November 16, 2019 20 hours ago, david555 said: Could be they use a different exchange rate than yours …? As I even don't know which bank and which exchange they use...transfer rate or notes rate ? Just curious as I am on the very safe side of the 800K , but curious to know ? AFAIR they use BKK Bank as the exchange rate and I think they use the TT rate. 1 Link to comment Share on other sites More sharing options...
wgdanson Posted November 16, 2019 Share Posted November 16, 2019 (edited) 2 hours ago, keith101 said: When i first came back here in Sept 2017 I was getting 51,000 tbh per 28 day payment cycle but this was cut after 3 months to 43,000 down 8,000 and with the exchange rate down so far my next payment will approx. 34.500 down another 8,500 so no I did not count on this happening and that's with 6 monthly pension increases the last one being a whole $13 a month or around 280 tbh . As I said previously, the IO does not care about the exchange rate, any pension reduction/increase or whether the tenant in your house back home is paying the rent or not. All he wants to see is Bht 40k /65k a month coming from abroad into your Thai bank account as a FTT, or Bht 400k / 800k in your Thai bank for three months before and after extension and not dropping below Bht 200k / 400k during the months in between. Simple. If you want an extension, follow the rules. Edited November 16, 2019 by wgdanson Link to comment Share on other sites More sharing options...
david555 Posted November 16, 2019 Share Posted November 16, 2019 (edited) 1 hour ago, billd766 said: AFAIR they use BKK Bank as the exchange rate and I think they use the TT rate. Thanks , but the " I think use TT rate" could be a significant difference against the notes (bills) so that would be my inquisitive question when I meet at desk 8 Jomtien for my 3 months money check , And then " the 1000 000 baht question "….are ALL I.O's in whole Thailand instructed to use that bank & rate …. ??? ???? Of course irrelevant when money already in Thailand , but could be a help to "pre active keeping on level "for those on monthly income option Edited November 16, 2019 by david555 Link to comment Share on other sites More sharing options...
keith101 Posted November 16, 2019 Author Share Posted November 16, 2019 1 hour ago, david555 said: Thanks , but the " I think use TT rate" could be a significant difference against the notes (bills) so that would be my inquisitive question when I meet at desk 8 Jomtien for my 3 months money check , And then " the 1000 000 baht question "….are ALL I.O's in whole Thailand instructed to use that bank & rate …. ??? ???? Of course irrelevant when money already in Thailand , but could be a help to "pre active keeping on level "for those on monthly income option I used to get the bank rate but now only getting world rate which is lower . Link to comment Share on other sites More sharing options...
keith101 Posted November 16, 2019 Author Share Posted November 16, 2019 You can now close this topic tnx . Link to comment Share on other sites More sharing options...
ubonjoe Posted November 16, 2019 Share Posted November 16, 2019 5 minutes ago, keith101 said: You can now close this topic tnx . Topic at your request. 1 Link to comment Share on other sites More sharing options...
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