dante123 Posted January 14, 2020 Share Posted January 14, 2020 i looked around in a few banks and this seemed to be the highest one opened an account yesterday, very easy process. 1 Link to comment Share on other sites More sharing options...
KhunBENQ Posted January 14, 2020 Share Posted January 14, 2020 3 minutes ago, dante123 said: i looked around in a few banks and this seemed to be the highest one opened an account yesterday, very easy process. Sounds interesting. They opened a fixed deposit for you. Just passport and proof of residence required? Or what documents did you have to bring? Link to comment Share on other sites More sharing options...
dante123 Posted January 14, 2020 Author Share Posted January 14, 2020 31 minutes ago, KhunBENQ said: Sounds interesting. They opened a fixed deposit for you. Just passport and proof of residence required? Or what documents did you have to bring? passport and work permit, not sure about other conditions, if its anything like other banks then i assume different branches different rules, might accept immigration letter or might even accept just passport Link to comment Share on other sites More sharing options...
moontang Posted January 14, 2020 Share Posted January 14, 2020 CIMb does the senior deal at 1.75% for a year, monthly payouts, no tax withholdings up to 1.5 million. Just make sure you have a way to get an entry for the day of your extension..I simply added a 10K 6 month in the same book. Link to comment Share on other sites More sharing options...
simon43 Posted January 14, 2020 Share Posted January 14, 2020 1.75% sounds terrible when compared to the 8% that my Lao savings account offers ... ???? 1 Link to comment Share on other sites More sharing options...
Popular Post Gulfsailor Posted January 14, 2020 Popular Post Share Posted January 14, 2020 4 minutes ago, simon43 said: 1.75% sounds terrible when compared to the 8% that my Lao savings account offers ... ???? Until you realize that the Lao Kip lost over 9% of its value against the Thai Baht in the past 12 months... 3 Link to comment Share on other sites More sharing options...
moontang Posted January 14, 2020 Share Posted January 14, 2020 5 minutes ago, simon43 said: 1.75% sounds terrible when compared to the 8% that my Lao savings account offers ... ???? 8% sounds terrible compared to the 33% return on SPDR last year. Is there deposit insurance? A few have found out the hard way there isn't any in Vietnam. Link to comment Share on other sites More sharing options...
Gweiloman Posted January 14, 2020 Share Posted January 14, 2020 9 minutes ago, simon43 said: 1.75% sounds terrible when compared to the 8% that my Lao savings account offers ... ???? You do understand the relationship between risk and reward don’t you? Link to comment Share on other sites More sharing options...
baansgr Posted January 14, 2020 Share Posted January 14, 2020 5 minutes ago, Gulfsailor said: Until you realize that the Lao Kip lost over 9% of its value against the Thai Baht in the past 12 months... Bit Simon lives there, XE is probably irrelevant to him at present Link to comment Share on other sites More sharing options...
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