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C'card For My Employees - Can The Banks Get At Me?

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After reading the stories about the Thailand Banking debt situation I got to thinking about the dozen or so Thai employees I've hired over the years

Over the course of the past 2 years I've had to write letters to their respective banks saying they work for the same company as myself and that they have a guaranteed monthy income of XXXXXTHB

I'm just wondering what would happen if one them quits and refuses to pay his c'card bill - would the banks come after me?

Ian

Why not use ' average income ' rather than " guaranteed income " then there's no issue or implication for you whatsoever.

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Just checked the standard letter I always use and it has written "monthly salary of xxxx". I never actually mention the word guaramteed

Hopefully I should be ok?

Just checked the standard letter I always use and it has written "monthly salary of xxxx". I never actually mention the word guaramteed

Hopefully I should be ok?

No problems on the horizon for you. There's no way you can be held responsible fot the cards whatsoever.

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