Alert! Bangkok Bank new rule money seasoning

[CallumWK]

33 minutes ago, saintdomingo said:

Why would agents be responsible, what's in it for them.?

 

I didn't know agents delivered a free service.

They open an account, deposit money for maybe minutes or hours, then empty it again, just enough to get the statement.

You think that is legally, and without cooperation of bank staff, possible?

[flexomike]

5 hours ago, 007 RED said:

As I indicated in my original post (Friday), I went to BBL HQ earlier in the week (Tuesday) and ordered my 12 month statement, as they quoted 3/4 working days for delivery.  I returned early Friday morning to pick up the statement and get the certificate, before heading off to Immigration to do my renewal. 

 

I am aware from numerous reports on the forum that members have been quoted a week plus for a 12 month statement by their local BBL branch.  My local branch said a week, but advised it could be 2 weeks.  Hence two trips into BKK on the electric bus (40THB return each time - the joys of retirement).

 

As far as I'm aware, BBL HQ and branches can only give 6 month statements on the spot, and that longer statements have to be ordered by the branch from HQ.

 

Its really strange that they (BBL) are only able to give 6 month statements on the spot.  HSBC can produce my account statements going back to 2021 instantly.

 

FYI... When I did my extension of stay renewal (retirement) based upon 800K funds in the bank on Friday, I enquired of the IO if they would accept either of the following statements:

• 2 x 6 months statements - as these can be obtained 'on the spot', or
• Can I order the statement online and print it myself.

The answer was a categoric NO!  Must be on bank paper and must be one continuous statement.

 

Hope that clarifies.

 

 

Rayong Immigration here, been using two six month statements for a few years and never an issue. Hopefully that continues. I am using the monthly deposit method.

[saintdomingo]

1 hour ago, CallumWK said:

 

I didn't know agents delivered a free service.

They open an account, deposit money for maybe minutes or hours, then empty it again, just enough to get the statement.

You think that is legally, and without cooperation of bank staff, possible?

You were saying that it was agents who stopped it, I said why would they.

[NanLaew]

1 hour ago, CallumWK said:

 

I didn't know agents delivered a free service.

They open an account, deposit money for maybe minutes or hours, then empty it again, just enough to get the statement.

You think that is legally, and without cooperation of bank staff, possible?

 

You think that legality exists on the same level here as it does back home is possible?

[Photoguy21]

On 8/8/2025 at 12:24 PM, Liquorice said:

This is why the banks are putting the squeeze on.

 

 

And with them trying to get you to pay for everything by card the scammers are having a birthday every day.

[Felt 35]

Probably a "three-leaf clover", if you ask me. If not impossible, and done time and time again.

Felt

[Photoguy21]

On 8/5/2025 at 5:26 PM, Liquorice said:

It's to prevent the money launderers and Mule accounts.

The banks will do very little to catch scammers before someone has been fleeced of their money. Maybe, maybe after someone has lost all their money the banks with have a look at what happened.

[CallumWK]

27 minutes ago, saintdomingo said:

You were saying that it was agents who stopped it, I said why would they.

 

I suggest you take some reading classes before making more false claims.

I never said that, how would agents be able to stop a service provided by BBL?

BBL stopped the service, and the reason was mule accounts as well as the other illegal actions some BBL staff were performing, e.g.: issuing false statements for the temporary accounts opened by agents.

 

[Sydebolle]

5 hours ago, JensenZ said:

You're asking me to get a life? I suggest you stop wasting your life posting gibberish on here, as you're incapable of basic logic.

Thank you for your most valuable input on gibberishing with incapable logic wasting your most valuable time 😉 FYT 

[NanLaew]

4 hours ago, ronnie50 said:

I've had bad vibes about Bangkok Bank from the first time I went into a main branch in Bangkok 20+ years ago. It was an unfriendly feeling - sort of cold, unhelpful reaction from the staff. So I took my business (and continue to patronize) SCB and Kasikorn banks. Anecdotally, Bangkok Bank continues to be the bank that foreigners complain about the most. I don't see (even on AN) many (if any) complaints about SCB or Kasikorn or Krungthai unless they are complaints relating to imposition of irritating government rules like restrictions on transfer amounts, intrusive ID requirements, etc. But those are universal. At Bangkok Bank, there just seems to be a low-level hostility to foreigners  - and that signaling must come from high up in the bank's boardroom. While there might be no connection to the issue of foreigners, for those unaware, that bank was also singled out by the Red Shirts years ago during their street protests and some branches were vandalized, but, to my knowledge, no other banks were targeted. I don't remember why.

 

... anecdotally.

[saintdomingo]

On 8/6/2025 at 4:34 PM, CallumWK said:

 

I call bull <deleted> on that. Agents are responsible for this as well

You need memory lessons.

[saintdomingo]

2 hours ago, CallumWK said:

 

I suggest you take some reading classes before making more false claims.

I never said that, how would agents be able to stop a service provided by BBL?

BBL stopped the service, and the reason was mule accounts as well as the other illegal actions some BBL staff were performing, e.g.: issuing false statements for the temporary accounts opened by agents.

 

 

[ronnie50]

1 hour ago, NanLaew said:

 

... anecdotally.

Well that's what it is, in'it. Do you disagree that it's the most whined about bank on this site?

[DrPhibes]

Good gosh golly gee wilikers Batman.  Why does it seem like a lot of Aseannow discussions end up as a fight over virtually nothing? Is it a negative AI bot vs another negative AI bot?  The idea of these forums is to transmit, as accurately as possible, our experiences so that they help others.  Positive discussion/humorous anecdotes welcome.  Personal attacks only detract from this.  Ya wanna fight with someone, take it over to PMs please.  Hope all  well with everyone.

[atpeace]

Well this has given me the motivation needed to use KrungThai for my retirement funds. The nearest Bangkok Bank branch is a 3 hour round trip which is also frustrating. 

 

I plan on sending 50k a day to KrunThai over  20 days. When I do my next extention, my KrungThai deposit account doesn't use Bank Books.  Do I need to open another acount that has a bank book?

[CallumWK]

1 minute ago, atpeace said:

Well this has given me the motivation needed to use KrungThai for my retirement funds. The nearest Bangkok Bank branch is a 3 hour round trip which is also frustrating. 

 

I plan on sending 50k a day to KrunThai over  20 days. When I do my next extention, my KrungThai deposit account doesn't use Bank Books.  Do I need to open another acount that has a bank book?

 

KrungThai most foreigner unfriendly bank in Thailand.

Aren't there any other banks near you?

[atpeace]

5 minutes ago, CallumWK said:

 

KrungThai most foreigner unfriendly bank in Thailand.

Aren't there any other banks near you?

Only bank near me.  I was planning on keeping my Bangkok Bank account for my usual transactions not related to immigration.  I was a little worried about getting the required bank deposit certificate from KrungThai.  It is an easy process with Bangkok Bank.  

 

Are there others using KrungThai for their retirement funds?

[Rob Browder]

On 8/10/2025 at 9:15 AM, NanLaew said:

 

Are you suggesting that the collective balance of foreigner's bank accounts here in Thailand is greater than the collective balance of the Thai account holder's bank accounts? Seriously?

 

It's guaranteed that the owners of Bangkok Bank aren't feeling any pain due to any arbitrary ruling on the MOMENTARY "freezing" of accounts belonging to SOME foreigners.

"Average" and "Sum total" are not the same thing.  10,000 paupers may have more "collective balance" than one wealthy person, and a relatively poor population may have a few very wealthy individuals in it.  Every account incurs overhead for the bank - therefore, larger-balance accounts perform better for the bank. 

 

Also, the "owners" of large enterprises are often insulated from policies they implement - even when those are bad for large numbers of people, and sometimes even when they hurt the bottom-line of their institution.