StayinThailand2much Posted August 16, 2023 Share Posted August 16, 2023 3 hours ago, oldestswinger said: You might also feel happier opening an account in Singapore. That's another excellent idea, with Singapore probably a safer place with international banks, and only a short distance away. Link to comment Share on other sites More sharing options...
Sticky Rice Balls Posted August 16, 2023 Share Posted August 16, 2023 21 hours ago, Negita43 said: I want to make the situation easy for her when I finally “pop off”. i just use 2 condoms ???? Link to comment Share on other sites More sharing options...
Negita43 Posted August 16, 2023 Author Share Posted August 16, 2023 9 hours ago, oobar said: Maybe the OP could go a similar route, if allowable in the UK. Thanks I'll look into it but I have to say I think the UK is far more unfriendly to expats than the uSA 1 Link to comment Share on other sites More sharing options...
Negita43 Posted August 16, 2023 Author Share Posted August 16, 2023 20 minutes ago, Sticky Rice Balls said: i just use 2 condoms ???? Sure but where do you put them? Link to comment Share on other sites More sharing options...
Sticky Rice Balls Posted August 16, 2023 Share Posted August 16, 2023 1 minute ago, Negita43 said: Sure but where do you put them? on tiny tim ???? he likes to wear caps Link to comment Share on other sites More sharing options...
Negita43 Posted August 17, 2023 Author Share Posted August 17, 2023 To all those suggesting Singapore as a place for a bank account (I am waiting for a call from Standard Chartered at the moment) In todays BBC news. https://www.bbc.co.uk/news/business-66529632 I guess things might tighten up for a time - from my point of view Murphy's Law!! Link to comment Share on other sites More sharing options...
patman30 Posted August 17, 2023 Share Posted August 17, 2023 (edited) sell it all, transfer the money to here, and buy land, gold, silver for the wife. (too much uncertainty atm with economies and currencies) avoid her having headaches and expense when you are gone. allows you both to enjoy it while you are still here. you could most likely setup a small resort for her with the funds Edited August 17, 2023 by patman30 Link to comment Share on other sites More sharing options...
Mike Teavee Posted August 17, 2023 Share Posted August 17, 2023 On 8/16/2023 at 11:10 AM, Eff1n2ret said: I opened an account with Skipton International in Guernsey If you don't mind me asking, what are the monthly fees & minimum credit balance for an account like that. Link to comment Share on other sites More sharing options...
Mike Teavee Posted August 17, 2023 Share Posted August 17, 2023 1 hour ago, Negita43 said: To all those suggesting Singapore as a place for a bank account (I am waiting for a call from Standard Chartered at the moment) In todays BBC news. https://www.bbc.co.uk/news/business-66529632 I guess things might tighten up for a time - from my point of view Murphy's Law!! When I worked in SG I needed to have an Employment Pass & condo lease agreement to open my Citibank account, IIRC I just needed the EP when I was opening a POSB account, am pretty sure you wouldn't be able to open an account there if you didn't have a longterm permission to stay (EP, PR etc...). On the other hand I left SG 3.5 years ago & cannot get Citi to close my account, seems they're happy for me to have a Thai address (Sent my new Debit Card here) & Thai Phone number (Which I use for OTP via SMS) so I just leave it ticking over with a few SGD in it. Link to comment Share on other sites More sharing options...
Eff1n2ret Posted August 17, 2023 Share Posted August 17, 2023 43 minutes ago, Mike Teavee said: If you don't mind me asking, what are the monthly fees & minimum credit balance for an account like that. Their current requirements are here:-- Personal Access Account | Skipton International Ltd I'm surprised to see that apparently new customers have to stump up 25K GBP, as it wasn't anything like that when I opened my account, I can't remember how much I put in to start with. If that is in fact the minimum opening balance I guess that might be prohibitive for many reading this. The minimum balance to earn interest is 10k. They are very good to deal with, all done online once the account is up and running. I found it very easy to set up because I did it in person at St Peter Port when I was visiting my sister, who lives there. 1 Link to comment Share on other sites More sharing options...
Negita43 Posted August 18, 2023 Author Share Posted August 18, 2023 On 8/15/2023 at 12:53 PM, Lacessit said: My GF has enough funds for 18 months in our joint account. My understanding is that joint accounts are frozen until the will is processed (probate in the UK) so she will need some money in her own account whilst that happens. Link to comment Share on other sites More sharing options...
Lacessit Posted August 18, 2023 Share Posted August 18, 2023 5 minutes ago, Negita43 said: My understanding is that joint accounts are frozen until the will is processed (probate in the UK) so she will need some money in her own account whilst that happens. You may be right, I will check that. Link to comment Share on other sites More sharing options...
Mike Teavee Posted August 19, 2023 Share Posted August 19, 2023 (edited) 19 hours ago, Negita43 said: My understanding is that joint accounts are frozen until the will is processed (probate in the UK) so she will need some money in her own account whilst that happens. I don't think that's correct, as Joint Bank Accounts are normally passed by "Survivorship" so the money automatically goes to the surviving holder. This can be challenged but I believe the Banks will allow the surviving holder to take the money so they would need to be sued for it's return. Edit: Example Case... https://www.gadlegal.co.uk/news/elder-law/the-inherent-dangers-of-joint-bank-accounts#:~:text=Joint accounts are ordinarily subject,of great convenience to all. Guy was allowed to take out the money after his mum's death but had to repay it to the estate when it was proven that she put all of the money into the account so rather than being treated as a Joint Account it was treated as a Trust and so part of her estate. Edited August 19, 2023 by Mike Teavee Link to comment Share on other sites More sharing options...
couchpotato Posted August 19, 2023 Share Posted August 19, 2023 19 hours ago, Negita43 said: My understanding is that joint accounts are frozen until the will is processed (probate in the UK) so she will need some money in her own account whilst that happens. Wrong understanding. Joint accounts (with either/or signatures) do not come under any probate/court action in Thailand (whichever joint holder dies first). But account must be either/or signatures, and can be fixed deposit or savings. 1 Link to comment Share on other sites More sharing options...
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