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Posted

I'm preparing for my passing and want a family member back in the US to get the 800k baht I have in a Bangkok Bank account for my annual extension in the event of my death. Would adding her on the account be a way for her to access the funds/xfer to a US account, or should I make a will naming her as the beneficiary?

Posted

if you add her to your bank account will not be acceptable to immigration for your extension, 

i have thought about having the bank app on a phone and then once deceased someone could use the app to transfer the money out, the bank would be none the wiser. 

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Posted (edited)

Are you trying to do this at the Bangkok Bank subsiduary in the U.S.? Mind you, Bangkok Bank in the U.S. will, most likely, not do such account change for Bangkok Bank in Thailand. 

Edited by StayinThailand2much
Posted

if it's the only thing in Thailand you intend to pass on, giving them access to the online account or ATM card would be easier than a will and getting appointed estate manager in Thai court

 

Transferring the amount out of Thailand would mean going through wise, otherwise a local presence would be required like account to transfer to or to use the card to withdraw the cash

Posted

Don’t think can add account at Bangkok Bank NY it’s 

more of commercial.. investments… although it’s mediator bank for direct deposits to Thailand 

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Posted
3 hours ago, Liverpool Lou said:

That would fraud and, obviously, illegal.

who would know, so is a retirement extension without the money in the bank

Posted
6 hours ago, Liverpool Lou said:

That would fraud and, obviously, illegal.

This is great knowledge to know 

Fraud and illegal would surely fit in Thailand. 

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Posted

I got several recommendations for the same attorney in Pattaya who will do the will for 5k baht with the following details:

 

"To make a Will costs 5000 baht.

The executor of the Will must be in Thailand to attend the court. can take up to 4 months to get a date in court. The court will issue an order which can be given to your Bank to transfer funds.

Do you have a friend in Thailand to be Executor of the Will?

If you require a Lawyer to be Executor, the fee is 5% of the inheritance, this would be written in the Will.  

Need copy of
passport
bank book
address
list of heirs and their contact details, their bank details"

 

Thanks for all the info!

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