K bank E-mail with Tax Forms attached ?

[Gimmi]

Hi everyone.

I have a Thai TIN because I live here and pay taxes, but I also pay taxes in my country of origin (European) for income produced there.

in addition to TIN Thai I also have to write that of my country?

Because on page 2 it asks if I also pay taxes in another countries other Thailand and usa.

thank you.

[JohnnyBD]

Have any US citizens received the KBank email?

 

It appears the emails are being sent mostly to non-US citizens.

[sometimewoodworker]

15 hours ago, MangoKorat said:

One of the problems that could result from completing these forms from Kasikorn is for those UK citizens who are receiving State Pension and have not notified the UK authorities that they are living in Thailand.

So they are committing benefits fraud qed are committing crimes. Exactly how is it relevant to the Thai authorities/banks.

 

That HMRC and HMPO are not chasing them doesn’t make them less criminal.

A crime by omission is no less criminal.

 

Are you suggesting that they should say to the Thai bank/authorities that “because I want to commit fraud I should not have to complete your form“?

 

maybe now you see exactly how ridiculous the idea is?

[CallumWK]

1 minute ago, sometimewoodworker said:

So they are committing benefits fraud qed are committing crimes. Exactly how is it relevant to the Thai authorities/banks.

 

That HMRC and HMPO are not chasing them doesn’t make them less criminal.

A crime by omission is no less criminal.

 

Are you suggesting that they should say to the Thai bank/authorities that “because I want to commit fraud I should not have to complete your form“?

 

maybe now you see exactly how ridiculous the idea is?

Because you inform the Thai bank of your UK TIN, doesn't mean the UK bank automatically receives your Thai TIN

[wallyw00]

1 hour ago, Gimmi said:

Hi everyone.

I have a Thai TIN because I live here and pay taxes, but I also pay taxes in my country of origin (European) for income produced there.

in addition to TIN Thai I also have to write that of my country?

Because on page 2 it asks if I also pay taxes in another countries other Thailand and usa.

thank you.

 It asks are you a 'resident' for tax purposes. I am not resident in my home country and have told the tax authorities so, but I do pay tax on income in that country, so I would tick 'no'

Edited 5 hours ago by wallyw00

[sometimewoodworker]

Just now, CallumWK said:

Because you inform the Thai bank of your UK TIN, doesn't mean the UK bank automatically receives your Thai TIN

And how is that relevant?

[Chongalulu]

On 11/24/2024 at 5:50 AM, ukrules said:

 

The TIN for British nationals tends to be the 'National Insurance Number' - I have only ever used that in the past but I am going back a long time here, like 15 to 20 years

If you complete a UK tax return (or other documents) you'll have a UTR. Unique Tax Reference Number which would be too be equivalent. I don't know if you might have such a number otherwise too.

[CallumWK]

Just now, sometimewoodworker said:

And how is that relevant?

 

As relevant as the drivel I replied to

[Andrew Dwyer]

18 minutes ago, Chongalulu said:

If you complete a UK tax return (or other documents) you'll have a UTR. Unique Tax Reference Number which would be too be equivalent. I don't know if you might have such a number otherwise too.

Find your UTR via.  tax.service.gov.uk

[garygooner]

Uk citizen staying in Bangkok.  I don't think Kbank has my email address, so I'm waiting to see if I'll receive anything in the post. Either way I'll visit Kbank next week. Would be good if others give feedback after their visit to the bank. 

 

[StayinThailand2much]

What happens, if I don't comply? (Currently, I am unable to get a "true, certified passport copy".)

[OJAS]

36 minutes ago, Andrew Dwyer said:

Find your UTR via.  tax.service.gov.uk

 

Too much, I suppose, to expect the TRD to adopt a similar online registration process in order to obtain a TIN!

 

https://www.gov.uk/register-for-self-assessment

 

[OJAS]

1 hour ago, CallumWK said:

Because you inform the Thai bank of your UK TIN, doesn't mean the UK bank automatically receives your Thai TIN

 

But your UK bank may, in any event, already be aware of your Thai TIN as a result of a self-certification form (example below) they asked you to complete back in 2016 preparatory to the implementation of CRS in the UK!

Edited 4 hours ago by OJAS

[AgMech Cowboy]

I've not received this email, but they probably still have an old e-address in their files for me.  The phone number is still the same, so maybe they'll drop me an SMS.

[CallumWK]

I was just on the phone with Kasikorn, and asked them about the documents.

Those that opened any account after April 2023 will not receive the email, since they will already have filled in the documents when opening the account

[Jingthing]

40 minutes ago, StayinThailand2much said:

What happens, if I don't comply? (Currently, I am unable to get a "true, certified passport copy".)

This implies no consequences. 

 

 

[garygooner]

15 hours ago, garygooner said:

birth.They only want a Thai TIN number if you work in Thailand.Said tick no for all the US questions and ignore the tax resident in another country bit.Sign and date and the jobs a good 'un.Took 2 minutes.

Did you say you don't have a Thai TIN and give a reason? 

[Lacessit]

I took the FATCA form in. I did not include the IRS forms, not American.

 

Some puzzlement from the staff, they phoned head office. Asked me if I had received an email from Kasikorn, answer yes.

 

They checked the form, took a photocopy of my passport and savings book together. Finish.

 

I included the number from my Thai pink card. I did not include my Australian tax number, or any address in Australia.

[MJCM]

On 11/25/2024 at 11:41 AM, chang50 said:

Just been at  kbank for help with FACTA paperwork it was too easy.All they wanted was my name nationality passport number place of birth.They only want a Thai TIN number if you work in Thailand.Said tick no for all the US questions and ignore the tax resident in another country bit.Sign and date and the jobs a good 'un.Took 2 minutes.

Friend, who has a KSK account, went his branch office, and they wanted his Swiss Tax ID Number.

[Jingthing]

I haven't received a kbank email.

Perhaps they entered lt incorrectly 20 years ago. 

I do get emais from them from online banking but that wax provided separately.

Edited 3 hours ago by Jingthing

[Funkymover]

any non american property owners completed this ?

 

do you know if this is for us

 

. ท่านมีที่อยู่เพื่อการติดต่อ หรือด าเนินการเกี่ยวกับบัญชีที่เปิดไว้หรือมีอยู่กับกลุ่มธุรกิจทางการเงินธนาคารกสิกรไทย แต่เพียงที่อยู่เดียวซึ่งเป็นที่อยู่ สา หรับรับไปรษณียแ์ ทนหรือที่อยู่สา หรับการส่งต่อ ใช่หรือไม่ Do you have a hold mail or in care of address as the sole address for the account opened or held with KASIKORNBANK FINANCIAL CONGLOMERATE?

Because it then says  if yes  the other form needs to be completed and that is clearly for americans only 

[gkp]

Went in central pattaya  branch 10 mins ago 

they filled out the forms for me

I just gave them my uk home address and my national insurance number 

all done in 5 mins 

[Gimmi]

10 minutes ago, gkp said:

Went in central pattaya  branch 10 mins ago 

they filled out the forms for me

I just gave them my uk home address and my national insurance number 

all done in 5 mins 

for giving your English details you don't have a Thai TIN, correct?

[MJCM]

21 minutes ago, Funkymover said:

any non american property owners completed this ?

 

do you know if this is for us

 

. ท่านมีที่อยู่เพื่อการติดต่อ หรือด าเนินการเกี่ยวกับบัญชีที่เปิดไว้หรือมีอยู่กับกลุ่มธุรกิจทางการเงินธนาคารกสิกรไทย แต่เพียงที่อยู่เดียวซึ่งเป็นที่อยู่ สา หรับรับไปรษณียแ์ ทนหรือที่อยู่สา หรับการส่งต่อ ใช่หรือไม่ Do you have a hold mail or in care of address as the sole address for the account opened or held with KASIKORNBANK FINANCIAL CONGLOMERATE?

Because it then says  if yes  the other form needs to be completed and that is clearly for americans only 

 

 

[Kykyky]

Hi, I am not American. I got the email as well. I went to bank, didn't got any answers. So I complained by email.

Got reply just now:

 

Dear Sir or Madam,

 

 

First of all, we sincerely apologize for the delay in replying your enquiry since there were many customers' emails on queue. We are aware of this issue and trying to improve our service.

 

According to your enquiry regarding the email, we would like to inform you that the email [email protected] is an email that the bank has sent to foreign customers who have deposit account with Kasikornbank and pay taxes abroad and have never filled out the FATCA/CRS form. And the customers can download the FATCA/CRS form from the Kasikornbank website and fill in the information on the FATCA/CRS form and other forms (if any). You can send the form along with attached identification documents to the email [email protected].

 

Note: Based on the information, such as registered address, contact address, and work address held in our records, we are required to collect and report certain information to the foreign revenue departments via the Thai revenue department which Thailand has signed in an agreement to exchange financial information with other 113 participating countries.

 

In the name of Kasikornbank we truly apologize for the inconvenience and disappointment that you experienced recently. Anyhow, we would like to thank you for being a valued customer, for your continued trust in Kasikornbank's services. Moreover, Referring to your complaint, please be informed that the concerned department have acknowledged and have received your feedback for a service improvement already.

Furthermore, you can be assured that your feedback will give us the opportunity to improve the quality of our products and services further.

Truly apologize for any inconvenience caused to you that may arise in this matter. We would like to assure you that Kasikornbank hold an utmost commitment to serve every customer with excellent service.

 

 

KASIKORNBANK PCL. would like to thank you for using Kasikornbank products or services. If you have any further enquiries, please do not hesitate to contact K-Contact Center at Tel. (66) 2888 8800 or email us at [email protected] 24 hours a day, 7 days a week.

 

 

Yours Sincerely,

 

K-Contact Center

KASIKORNBANK PCL.,

[gkp]

15 minutes ago, Gimmi said:

for giving your English details you don't have a Thai TIN, correct?

I don’t have a Thai TIN 

as I don’t stay in Thailand for more than 180 days a year 

[Red Phoenix]

10 minutes ago, Gimmi said:

for giving your English details you don't have a Thai TIN, correct?

The self-certification form sent by Kasikorn that you need to fill in, allows to state that you do not have a Thai TIN when you provide a valid reason.  An accepted and valid reason is that you can state that your income is already taxed in your home-country, and that you would therefore be exempted from paying taxes on it in Thailand.

Also note that the 'certified' passport-copy you need to provide is simply bad english-thai speak and it simply means that the copy of your passport ID-page needs to carry your signature.

> It's a Big NothingBurger as several members that went to their Kasikorn branche have already found out. 

We should issue a complaint that we as their  'valued customers' did receive such a confusing and alarming e-mail, that didn't even mention that you can settle the whole thing at your local KK branche and that you only need to bring your Passport and your Tax ID-number from your home-country. 

[MTPBKK]

Do Thai TIN expire when you have no work permit anymore ?

I have a Thai TIN from when I was working in Thailand back in 2020 but now no longer working for that company and not working at the moment.

 

Tried to log in on revenue department website and seems I can still access my dashboard with my TIN but nothing declared on it.

[SABloke]

On 11/24/2024 at 12:18 PM, Liverpool Lou said:

"True certified copy" means "notarised copy", it does not mean "signed by the account holder".

 

I know what "certified" actually means, thanks. However, I also know what "certified" means in practical terms when dealing with banks in Thailand. However, you go ahead and get a notarised copy of your passport and email it to them by all means. 👍

[Seppius]

44 minutes ago, gkp said:

Went in central pattaya  branch 10 mins ago 

they filled out the forms for me

I just gave them my uk home address and my national insurance number 

all done in 5 mins 

Did you print off and take the form in?, or did they have then there? Thanks