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Banking crisis?

darksidedog
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paddypower Gold Member

paddypower

Posted
Posted
13 hours ago, Regyai said:

I've been doing this for absolutely years with all my Thai bank accounts.

Surprised there are still folks out there that don't.

well - i did not do that, as I didn't have enough in my accounts to worry about. However, any time I get a decent sized transfer in to my savings account, I use the broker account I have at Maybank KE. MKE have a function where you can transfer the money from bank to your account the same day. Not only do I feel my funds are safe - they pay slightly better interest rate than the banks. If I need funds, I can make a transfer request and I have those funds back in my bank within 24 hours. I'm not suggesting this is practical to most - but I am posting, as an anecdote.

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darksidedog
darksidedog

There have been quite a lot of reports of late of banking problems where accounts are cleaned out by multiple small deductions and the banks are supposed to be aware of the danger and on high alert.

couchpotato
couchpotato

A very good friend of mine I have known here over a dozen years has just had around 500,000 cleared out of his account in such a manner over a two week period.  The individual amounts were insuff

darksidedog
darksidedog

To answer those above questioning this, every transaction went to one of numerous overseas accounts. Not sure what you are on about. He takes out 40K once a month. 500,000 went missing, not the

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