Popular Post john donson Posted Monday at 02:53 AM Popular Post Share Posted Monday at 02:53 AM A few months ago, went to Bangkok bank to open a esavings account with 1.5% interest ... Wrote a paper in English and google translated, printed out their publicity with 1.5% clear stated, person in bank spoke ok angrit and still... now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% anyone else ? 2 4 Link to comment Share on other sites More sharing options...
Popular Post OneMoreFarang Posted Monday at 02:59 AM Popular Post Share Posted Monday at 02:59 AM 2 minutes ago, john donson said: A few months ago, went to Bangkok bank to open a esavings account with 1.5% interest ... Wrote a paper in English and google translated, printed out their publicity with 1.5% clear stated, person in bank spoke ok angrit and still... now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% anyone else ? How did they deliver those peanuts? 1 1 1 2 Link to comment Share on other sites More sharing options...
Fat is a type of crazy Posted Monday at 02:59 AM Share Posted Monday at 02:59 AM Wouldn't it be pro rata. So as long as you had in the bank you'll get the 1.5 per cent but each 6 months only. Paid monthly is probably more normal but how have you been ripped off. If you closed the account they'd probably credit you what you are owed unless it is like a term deposit with rules for taking funds out of the account. 1 1 Link to comment Share on other sites More sharing options...
Popular Post couchpotato Posted Monday at 03:09 AM Popular Post Share Posted Monday at 03:09 AM 15 minutes ago, john donson said: A few months ago, went to Bangkok bank to open a esavings account with 1.5% interest ... Wrote a paper in English and google translated, printed out their publicity with 1.5% clear stated, person in bank spoke ok angrit and still... now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% anyone else ? Your post is terribly unclear, so cannot make a judgement on what the problem really is. 2 2 Link to comment Share on other sites More sharing options...
steven100 Posted Monday at 03:19 AM Share Posted Monday at 03:19 AM illegible post, hence no suggestion or advice. 2 Link to comment Share on other sites More sharing options...
Henryford Posted Monday at 03:21 AM Share Posted Monday at 03:21 AM (edited) I would be interested if it is indeed 1.5%. But their website says "accumulate" e -savings. Is it just a monthly savings type account? When i looked on my BB app it says this account not available for foreigners. Edited Monday at 03:29 AM by Henryford 1 Link to comment Share on other sites More sharing options...
Popular Post Sandboxer Posted Monday at 03:24 AM Popular Post Share Posted Monday at 03:24 AM Only one fool in this story. 2 5 2 Link to comment Share on other sites More sharing options...
Popular Post Gottfrid Posted Monday at 03:42 AM Popular Post Share Posted Monday at 03:42 AM 48 minutes ago, john donson said: A few months ago, went to Bangkok bank to open a esavings account with 1.5% interest ... Wrote a paper in English and google translated, printed out their publicity with 1.5% clear stated, person in bank spoke ok angrit and still... now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% anyone else ? NO, you have not been scammed and nobody has been cheating you. 1 1 3 Link to comment Share on other sites More sharing options...
Digitalbanana Posted Monday at 03:42 AM Share Posted Monday at 03:42 AM 48 minutes ago, john donson said: instead of the 1.5% anyone else ? Anyone else want 1.5% annual interest? I doubt it. 1 1 Link to comment Share on other sites More sharing options...
CallumWK Posted Monday at 03:47 AM Share Posted Monday at 03:47 AM OP has a post history of banks "cheating" him, but looks more like he isn't the brightest light in the garden shed. As another poster already pointed out, the e-savings is only available for Thai nationals Link to comment Share on other sites More sharing options...
scubascuba3 Posted Monday at 05:35 AM Share Posted Monday at 05:35 AM He probably was expecting 1.5% each 6 months, understand better how bank accounts work 1 Link to comment Share on other sites More sharing options...
mancub Posted Monday at 06:07 AM Share Posted Monday at 06:07 AM 2 hours ago, steven100 said: illegible post, hence no suggestion or advice. But he was trying his best to write "ok angrit" 😁 1 Link to comment Share on other sites More sharing options...
john donson Posted Monday at 02:01 PM Author Share Posted Monday at 02:01 PM not that dumb... I did not get 1/2 of 1.5% (for a period of 6 months, pro rata) I got like 1/10 of a half of 1.5% are there banks giving more interest in thailand? my home country gives about the same LOW as here all my money is here since 2011 cheated in the way the bank pretends I never send Euros to my Thai FCD account, even I have the proof they 'bought' my euros from my FCD account and converted to THB in 2011 as it is more then 10 years ago, they say they cannot make an FET anymore to be able to buy a condo for the people calling me whatever... it is 10M+ baht of savings I can spend, but not buy a condo yeah yeah, you have hundreds of millions of assets and houses... sure 3 Link to comment Share on other sites More sharing options...
couchpotato Posted Monday at 02:40 PM Share Posted Monday at 02:40 PM 37 minutes ago, john donson said: not that dumb... I did not get 1/2 of 1.5% (for a period of 6 months, pro rata) I got like 1/10 of a half of 1.5% are there banks giving more interest in thailand? my home country gives about the same LOW as here all my money is here since 2011 cheated in the way the bank pretends I never send Euros to my Thai FCD account, even I have the proof they 'bought' my euros from my FCD account and converted to THB in 2011 as it is more then 10 years ago, they say they cannot make an FET anymore to be able to buy a condo for the people calling me whatever... it is 10M+ baht of savings I can spend, but not buy a condo yeah yeah, you have hundreds of millions of assets and houses... sure Dear John...we just don't understand the what the flick you are going on about. Posts are too convoluted. 2 Link to comment Share on other sites More sharing options...
NoDisplayName Posted Monday at 02:50 PM Share Posted Monday at 02:50 PM Bangkok Bank (or Kasikorn, etc.) has mutual funds available, and bond funds earning 2-2.5%. Or you could open a brokerage account and buy Thai stocks.... 1 Link to comment Share on other sites More sharing options...
NativeBob Posted Monday at 03:15 PM Share Posted Monday at 03:15 PM 12 hours ago, john donson said: now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% me too. less than 400thb from 100K for six month deposit. Just love it! 2 Link to comment Share on other sites More sharing options...
Upnotover Posted Monday at 03:30 PM Share Posted Monday at 03:30 PM "A few months". "6 months". "all these months". Hard to follow this tale with it's inconsistencies. Anyhow, what did the bank say when you asked them? Link to comment Share on other sites More sharing options...
NoDisplayName Posted Monday at 03:55 PM Share Posted Monday at 03:55 PM 13 hours ago, john donson said: now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% E-Savings deposits under 1 million baht will pay 1.50% per year and those over 1 million baht will pay 0.65% per year. 1 1 Link to comment Share on other sites More sharing options...
MangoKorat Posted Monday at 05:01 PM Share Posted Monday at 05:01 PM 2 hours ago, john donson said: as it is more then 10 years ago, they say they cannot make an FET anymore to be able to buy a condo Send sufficient funds out and bring them back in again? Link to comment Share on other sites More sharing options...
it is what it is Posted Monday at 05:41 PM Share Posted Monday at 05:41 PM 1.5% is peanuts, i'm getting 5.4% Link to comment Share on other sites More sharing options...
Popular Post couchpotato Posted Monday at 05:48 PM Popular Post Share Posted Monday at 05:48 PM 7 minutes ago, it is what it is said: 1.5% is peanuts, i'm getting 5.4% Not in Thailand.... 3 Link to comment Share on other sites More sharing options...
georgegeorgia Posted 14 hours ago Share Posted 14 hours ago 20 hours ago, couchpotato said: Dear John...we just don't understand the what the flick you are going on about. Posts are too convoluted. Not everyone has the intelligence level to understand,don't be too hard on yourself Son. 1 Link to comment Share on other sites More sharing options...
Henryford Posted 58 minutes ago Share Posted 58 minutes ago On 7/1/2024 at 10:55 PM, NoDisplayName said: E-Savings deposits under 1 million baht will pay 1.50% per year and those over 1 million baht will pay 0.65% per year. That would be OK for my 800k, i only get 0.9% with Krungsri but the account is not available to farangs. Link to comment Share on other sites More sharing options...
freeworld Posted 46 minutes ago Share Posted 46 minutes ago (edited) On 7/1/2024 at 9:53 AM, john donson said: A few months ago, went to Bangkok bank to open a esavings account with 1.5% interest ... Wrote a paper in English and google translated, printed out their publicity with 1.5% clear stated, person in bank spoke ok angrit and still... now I just found out, as they pay out twice a year, I got peanuts for all these months instead of the 1.5% anyone else ? How much was your deposit. <1M baht 1.5% interest per annum. >1M baht the interest rate is 0.65% per annum. Looking at BB website for this product it seems to be available only to Thai citizens. Did the bank also withold tax on the interest accrued? Edited 34 minutes ago by freeworld Link to comment Share on other sites More sharing options...
JoseThailand Posted 43 minutes ago Share Posted 43 minutes ago Maybe he expected 1.5% every month lol 1 Link to comment Share on other sites More sharing options...
freeworld Posted 35 minutes ago Share Posted 35 minutes ago Lets do a calc at 1.5% interest rate paid bi annually 800000 baht generates 12000 baht interest for the year. For half the year that is 6000 baht minus 15% tax, so your 6 month net interest paid is 5100 baht. How much interest did they pay out? Link to comment Share on other sites More sharing options...
mikebell Posted 13 minutes ago Share Posted 13 minutes ago 13 minutes ago, freeworld said: Lets do a calc at 1.5% interest rate paid bi annually 800000 baht generates 12000 baht interest for the year. For half the year that is 6000 baht minus 15% tax, so your 6 month net interest paid is 5100 baht. How much interest did they pay out? I've had 800K in a BKK Bank account since June 2019. The bankbook says 1.5000%. After 5 years my bankbook reads 820,602.30! I've never touched it; it's there to make my visa easier. Tax is deducted. I feel sure I am being underpaid. Link to comment Share on other sites More sharing options...
Ohyesuare Posted 10 minutes ago Share Posted 10 minutes ago Yeah mine worked out to something like 0.12% interest and then they withhold a chunk of it. Horrible but whatever. Link to comment Share on other sites More sharing options...
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